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WorksheetsORGMAN QUIZ
Total questions: 20
Worksheet time: 13mins
A form of business organization shared by two or more members ?
Corporation
Partnership
Sole Proprietorship
Cooperative
A Corporation is vested with juridical personality separate from its owner. Which Government office monitors and register a Corporation
Department of Trade and Industry
Bureau of Internal Revenue
Securities and Exchange Commission
Social Security System
refers to a form of partnership wherein the partners have unlimited liability for the debts and obligations of the partnership.
Industrial Partner
Capitalist
Limited Partnership
General Partnership
refers to a form of partnership wherein one or more general partners have unlimited liability and the limited partners have liability that is only up to the amount equal to their capital contributions.
Limited Partnership
General Partnership
Industrial Partner
Capitalist
Economic phase that deals on the collection of silver and gold as payment or methods of exchange of trade during the colonial period
Globalization
Industrial Revolution
Mercantilism
Post-Fordism
Economic phase that focus on the use of machine and equipment and the construction of factories to increase production and consumptions of products.
Globalization
Post-Fordism
Fordism
Industrial Revolution
The economic phase that focuses on standardize product and mass production at a low price.
Post-Fordism
Fordism
Globalization
Mercantilism
The minimum capital requirement to register a Partnership in Securities and Exchange Commission?
30,000.00
3,000.00
300,000.00
3,000,000.00
This means an entity with separate legal personality from the owners.
Jurisdiction
Justifiable personality
Juridical personality
juridical
Which of the following is an example of non-stock corporation?
Church
Golden Arches Development Corporation
APL Bee Dau Inc.
Byron Foodstuff Corporation
Which of the phases of economic development is best describe by stiff competition and sustainability?
Fordism
Post Fordism
Industrial Revolution
Globalization
China Bank, Metro Bank, BDO, Bank of the Philippine Island and Security Bank are example of __________?
Manufacturing Business
Merchandising Business
Service Business
Hybrid Business
A classification of Business which is a combination of Service and Merchandising Business?
Hybrid Business
Service Business
Manufacturing Business
Merchandising Business
A business who engage in buying goods to manufacturer and resell it into a higher price. Example are Grocery and Supermarket
Manufacturing Business
Hybrid Business
Merchandising Business
Service Business
A business who engage in transformation of raw materials into finished goods which includes the following factors, labor, and other overhead cost.
Hybrid Business
Merchandising Business
Service Business
Manufacturing Business
Which of the following is not a cause of dissolution of partnership?
Withdrawal of Partners
Death of the Partner
Partners has unlimited and limited liability
Conflict between the partners
How many members are required to form a corporation ?
4 -10 legal members
5 - 15 legal members
12-20 legal members
3 - 8 legal members
The following answers are advantages of sole proprietorship except one.
It is the most manageable and least expensive form of ownership
Can make decisions based on their own judgement
Expansion is also easier since there are more people who will manage the different branches of the business
It is easy to implement changes in the business setup.
The owner of a Corporation is also known as __________?
Stakeholders
Board of Directors
Members
Shareholders
The minimum paid-up capital required of corporations in the Philippines?
5,000.00
50,000.00
500,000.00
5,000,000.00
