Applied Aconomivs

Applied Aconomivs

12th Grade

40 Qs

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Applied Aconomivs

Applied Aconomivs

Assessment

Quiz

Fun

12th Grade

Practice Problem

Medium

Created by

Thessie Manera

Used 3+ times

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40 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is a financial inflow to the government but an outflow from the firm and is mandatory, failure to pay so is punishable by law.

Interest

Minimum Wage

Taxes

Investment

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is a law that establishes a minimum amount that an employer can pay a worker for one day of labor.

Civil Code of the Philippines

Rent Control Act in the Philippines

Minimum Wage Law

Tariff and Customs Code

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is a property used by the occupants, also known as tenants, in which owner receives payments of from using the property.

Taxes

Rentals

Investment

Interest Rate

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is the art of making an idea into a business.

Entrepreneurship

Marketing

Investing

Loan

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It refers to the person who converts idea into a business

Investor

Debtor

Creditor

Entrepreneur

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It refers to an asset or something that you acquire with a goal of having a return from it in a form of income.

Taxes

Investment

Interest

Rental

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

These are taxes that are imposed on the following: alcohol, tobacco, petroleum products, automobiles, mineral products, and non-essential goods such as jewelry and precious stones, perfumes, yachts and other sport vessels.

Community Tax

Excise Tax

Vat

Documentary Stamp

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