GE ELECT 4SSP PRE-MIDTERM EXAM

GE ELECT 4SSP PRE-MIDTERM EXAM

University

50 Qs

quiz-placeholder

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GE ELECT 4SSP PRE-MIDTERM EXAM

GE ELECT 4SSP PRE-MIDTERM EXAM

Assessment

Quiz

Business

University

Easy

Created by

Rodelo Luyao

Used 1+ times

FREE Resource

50 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

  1. 1. A cooperative the primary purpose of which is to procure and distribute commodities to members and non members

Multi-purpose

Electric

Consumer

Cooperative Bank

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

  1. 2. A cooperative organized for the primary purpose of undertaking power generations.

Multi-purpose

Electric

Consumer

Cooperative Bank

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

  1. 3. A cooperative which combines two 2 or more of the business activities of these different types of cooperatives.

Multi-purpose

Electric

Consumer

Cooperative Bank

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

  1. 4. A cooperative organized for the primary purpose of providing a wide range of financial services to cooperatives and their members.

Multi-purpose

Electric

Consumer

Cooperative Bank

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

  1. 5. Is an autonomous and duly registered association of persons, with a common bond of interest, who have voluntarily joined together to achieve their social, economic, and cultural needs and aspirations.

Cooperative

Sole proprietorship

Partnership

Corporation

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Is a contract whereby two or more persons bind themselves to contribute money, property or industry to a common fund with the intention of dividing profits among themselves.

Cooperative

Sole proprietorship

Partnership

Corporation

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Corporations which have capital stock divided into shares and are authorized to distribute to the holders of such shares dividends or allotments of the surplus profits on the basis of shares held.

General

Limited

Non-stock

Stock

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