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WorksheetsFUNDAMENTALS OF COOPERATIVE
Total questions: 20
Worksheet time: 3mins
When was the first cooperative organized?
1840
1844
1842
1846
Which is not included in the goods which were sold in the first cooperative?
arina
bigas
mantekilya
asukal
Who inspired the Rochdale Pioneers to begin the cooperative movement?
Jose Rizal
William King
Robert Owen
Friedrick Raiffeisen
Who is the founder the first cooperative in the Philippines?
Andres Bonifacio
Emilio Aguinaldo
Apolinario Mabini
Jose Rizal
Who are the owners of the cooperative?
Board of Directors
Employees
Manager
Members
Which of the following is a characteristic of a cooperative?
Self- reliant
Member-owner
One- member- one vote
Equal Opportunity
Which of the following makes the cooperative unique from other enterprise?
Member- Owner
Leadership values
Common needs
Common bond of interest
Which of the following promotes and undertakes savings and lending services to its members?
Consumers Cooperative
Credit Cooperative
Producers Cooperative
Marketing Cooperative
What type of cooperative distributes commodities to members and non- members?
Advocacy Cooperative
Service Cooperative
Insurance Cooperative
Consumers Cooperative
What type of cooperative combines two or more business activities of the different types of cooperatives?
Fishermen’s Cooperative
Dairy Cooperative
Multi- Purpose Cooperative
Producer’s Cooperative
What type of cooperative aims to provide a wide range of financial services to cooperatives and its members?
Dairy Cooperative
Education Cooperative
Cooperative Bank
Service Cooperative
Which of the following is the purpose and motivation in cooperative?
Profit
Service above Profit
Service
Profit above Service
Which of the following should be continuously done in cooperatives?
Educational Program
Share Capital Contribution
Savings Deposit Contribution
Withdrawal of Stocks
What refers to the will and the capability to improve destiny peacefully through joint action which can be more powerful particularly through collective action and effort?
Self- Help
Equity
Equality
Honesty
Equal rights and opportunities for people to participate democratically will improve the use of society’s resources and foster mutuality, understanding and solidarity. What cooperative value is this?
Equity
Self- Help
Equality
Solidarity
Rewards for active membership is distributed equitably be it through patronage refund, dividends, allocations to capital reserves, increases in services or reduction in charges. What cooperative value is this?
Equity
Self- Help
Equality
Solidarity
Fair distribution of income and power and its economic life is based on labor, not ownership of capital.
Equity
Self- Help
Equality
Solidarity
Members have the right to participate, to be informed, to be heard and to be involved in making decisions. What cooperative value is this?
Equity
Self- Help
Equality
Democracy
Cooperative has strength in mutual self-help and has collective responsibility for the well-being of its members. What cooperative value is this?
Solidarity
Equity
Democracy
Equality
Individual cooperatives strive to create a united cooperative movement by working with other cooperatives to improve collective well-being. What cooperative value is this?
Solidarity
Equity
Democracy
Equality
