Philippine Taxation and Constitution Quiz

Philippine Taxation and Constitution Quiz

University

•

40 Qs

quiz-placeholder

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Philippine Taxation and Constitution Quiz

Philippine Taxation and Constitution Quiz

Assessment

Quiz

•

History

•

University

•

Practice Problem

•

Hard

Created by

Therese Copas

Used 1+ times

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40 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What is the supreme law of the Philippines?

Bill of Rights

Constitution

Civil Code

Presidential Decree

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What is the main purpose of the Constitution?

To define taxes

To protect the rights of the people and organize the government

To make money for the government

To create new businesses

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

The power to tax belongs primarily to which branch of government?

Executive

Judicial

Legislative

Department of Finance

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What is the main purpose of taxes?

To increase prices

To raise funds for government projects and services

To punish citizens

To help private companies

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Which of the following is a direct tax?

Value Added Tax (VAT)

Income Tax

Customs Duties

Excise Tax

6.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What does VAT stand for?

Value Added Trade

Value Added Tax

Verified Annual Tax

Variable Additional Tax

7.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What year was the Value-Added Tax (VAT) introduced in the Philippines?

1973

1986

1988

1997

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