WorksheetsBusiness Implementation
Total questions: 15
Worksheet time: 8mins
Which office will you go to to register your single-owned business?
A. SEC
B. DTI
C. BIR
D. Mayor’s Office
Which office do you visit to register partnership or corporation business?
A. SEC
B. DTI
C.BIR
D. Mayor’s Office
To secure a Tax Identification Number (TIN), which office will you go to?
A. SEC
B. DTI
C. BIR
D. Mayor’s Office
SSS, Philhealth and Pag-ibig fund contributions is made by _________.
A.Employees only
B.Employers only
C. Both Employees and Employers
D. None of the choices
Which of the following is NOT a step to follow before operating a business?
A.Register your business
B.Set up an accounting system
C.Advertise the business using Facebook
D.Selling the product
Which of the following is true?
A.Good record-keeping is not important to the business owner.
B.Good record keeping is important only to the accountant.
C.Good record-keeping gives benefits to the enterprise.
D.Good record-keeping gives no importance at all.
Which of the following is NOT a benefit to the enterprise?
A.
Plan and work more efficiently.
B.
Meet legal and tax requirements.
C.
Can check if the business is doing good.
D.
It cannot protect the rights of the owner.
The objectives of the entrepreneur should be _______________.
A.
Specific and clear
B.
Specific and long term
C.
Short and blurred
D.
Long and not specific
The tasks before operating the business must be _____________.
A.
Specified to be accomplished by the owner alone
B.
In detail so that the owner will know what to do
C.
Kept by the owner for future reference
D.
None of the choices
The tasks to be accomplished before operating the business should have:
A.Design
B.Decoration
C.Time allotment
D.Measurement
Which of the statements is true?
A.
Before starting a business, the entrepreneur may not consult a
professional for advice.
B.
Before starting a business, the entrepreneur should consult a
professional for advice.
C.
Before starting a business, the entrepreneur must start selling when there are available buyers.
D.
None of the choices
To register your Business Trade name is done in the office of?
A.SEC
B.DTI
C.Mayor’s Office
D.Philhealth Office
It is known as Republic Act 3883
A. Business Name Law
B. Business Name Permit Law
C. Business Registration Law
D. Business Registration Permit Law
Promotes gainful employment opportunities, protects workers and promotes their welfare, develops human resources, and maintains industrial peace.
A. Bureau of Internal Revenue
B. Department of Trade and Industry
C. Department of Labor and Employment
D. Cooperative Development Authority
A permit used to operate in the city or
municipality and payment of your local business taxes
A. DTI Registration
B. Baranggay Permit
C. SEC Registration
D. Mayor’s Business Permit
