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Worksheets

Political Environment

Total questions: 15

Worksheet time: 3mins

Name
Class
Date
1.

Said to be the lifeblood of the government.

a)

Constitution

b)

Taxation

c)

Corruption

d)

Military

2.

All of the following are dictators except:

a)

Fidel Castro

b)

Francisco Franco

c)

Benito Mussolini

d)

Ferdinand Marcos Jr.

3.

Anti Red Tape Law of 2007  requires this document to be posted at the most conspicuous place, in their respective websites and in the form of published materials such as handbook written either in English or Filipino, or in local dialect.

a)

Bill of Rights

b)

Checklist for common transactions

c)

Citizen's Charter

d)

Board resolution

4.

BIR Belongs to which branch of government?

a)

Judiciary - it initially decides on tax cases

b)

Executive - implements the provision of the law created by congress

c)

Legislature - lawmaking body of the government

d)

Independent Constitutional Commission

5.

The privatization of this government company started in 1993 through the deal with PNOC and Saudi Arabian Oil Company (Aramco).

a)

Pilipinas Shell

b)

Meralco

c)

Petron

d)

Sea oil

6.

A media company whose franchise license was not renewed by the government.

a)

ABS-CBN

b)

GMA

c)

TV5

d)

CNN

7.

She is the woman who caused the British King to Abdicate his throne.

a)

Wallis Simpson

b)

 Dovie Beams

c)

Monica Lewinsky

d)

Megan Markle

8.

All of countries listed are members/signatory of the TPP (Trans Pacific Partnership) Pact except:

a)

Peru

b)

Chile

c)

New Zealand

d)

Philippines

9.

With the efforts to rehabilitate  Manila Bay, which of these companies were given cease-and-desist orders by the Department of Environment and Natural Resources through the Laguna Lake Development Authority?

a)

Aristocrat

b)

Maris Shark’s Fin Restaurant

c)

The Esplanade

d)

All of the above

10.

What is the current daily minimum rate of Non-Agricultural Industry or sector in NCR?

a)

PhP 573.00

b)

PhP 557.00

c)

PhP 537.00

d)

PhP 575.00

11.

Hyperinflation in this country began in year 2016.

a)

Venezuela

b)

Zimbabwe

c)

Colombia

d)

North Korea

12.

Which regional trade agreement includes Canada, Mexico, and the United States?

a)

APEC

b)

NAFTA

c)

EU

d)

LAIA

13.

Identify the hazard class for this Globally Harmonized System of Classification and Labelling of Chemicals (GHS) Hazard Pictogram.

a)

Oxidizers

b)

Compressed Gasses

c)

Carcinogen

d)

Explosives

14.

This is a business tax imposed on persons or entities who sell or lease goods, properties or services in the course of trade or business whose gross annual sales or receipts do not exceed Php550,000 and are not VAT-registered.

a)

Estate Tax

b)

Excise Tax

c)

Percentage Tax

d)

Value-Added Tax

15.

In a move to liberalize further the strict rules of Retail Trade Liberalization Act and to attract more foreign investors in the retail trade sector, the minimum capital for foreign enterprises was reduced from

a)

 $2 million to $200,000

b)

$2 million to $250,000

c)

$2.5 million to $250,000

d)

$2.5 million to $200,000