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WorksheetsCooperative Management Module 1 - Quiz
Total questions: 25
Worksheet time: 18mins
It is regarded as the prototype of the modern cooperative society and founders of the cooperative movement.
Rochdale Equitable
Rochdale Equitable Pioneers Society
Rechdale Equitable Pioneers Society
Richdale Equitable Pioneers
The process of groups of organisms working or acting together for common, mutual, or some underlying benefit.
(a)
Bayanihan concept literally means ________.
bayan muna
being in a bayan
kapatiran
unahin ang bayan
The first stage of cooperative movement ranges from what period of American colonization?
1895 to 1941
1941 to 1986
1998
2nd World War
It is a phase in the second stage of Cooperative movement that featured a rapid increase in cooperatives as a result of food shortages.
Spanish Colonization
American Regime
2nd World War
Japanese Occupation
It is a phase in the second stage of Cooperative movement which is the introduction and rise of the non-agricultural coops
First Phase
Second Phase
Third Phase
Fourth Phase
Fifth Phase
Which among the following are considered as cooperatives problems?
(3 possible answers)
Inadequate government support
Improper use of credit
Political Interference
underrepresented masses of the Filipino people
trade union movements
The difference between corporation and cooperative is that a corporation is a legal entity that stands together with its owners.
True
False
It is an association of individuals voluntarily cooperating for the promotion of mutual, social, cultural, and economic benefits.
Cooperation
Cooperative
Cooperative Movement
Partnership
It is an entity created with a goal of making a profit.
Cooperation
Cooperative
Cooperative Movement
Partnership
Corporations make a profit by selling financial instruments such as bonds.
True
False
This is a process whereby a corporation is formed and registered according to the rules of the Companies Act.
Formulation
Dissolution
Structure
Liability
This is a process whereby stockholders aren't held responsible if the corporation goes into default.
Formulation
Dissolution
Structure
Liability
Select on the following choices the benefits of the cooperatives. (3 possible answers)
Cooperatives share principles internationally
Independence and autonomy
Analogous to working for the beneficial good
Members share equally in the responsibilities, profits, and duties
Economic participation by its members
Every customer is considered a member, and every member is considered to be a part owner. Is it true or false?
True
False
Cooperatives earn money through foreign direct investments.
True
False
Select on the choices below the different types of cooperatives.
(3 possible answers)
credit unions
agricultural
business and employment
rural banks
stock markets
Shares in cooperatives are transferable. Is this true or false?
True
False
It is the government agency for the promotion of sustained growth and full development of the Philippines cooperatives.
Corporation Development Authority
Cooperative Development Society
Department of Cooperative Management
Cooperative Development Authority
Cooperatives are autonomous, self-help organizations controlled by their board of directors.
True
False
The body entrusted with the management of the affairs of the cooperative under its articles of cooperation and bylaws.
Member
Board of Directors
Committee
Middle Management
The operative act granting juridical personality to a proposed cooperative and is evidenced by a certificate of registration.
Articles of Cooperation
Bylaws
Registration
Cooperative Management
The procedure wherein the cooperative assesses its social impact and ethical performance.
Performance Audit
Social Audit
Management Audit
Employees Audit
This refers to an audit on the efficiency and effectiveness of the cooperative as a whole.
Performance Audit
Social Audit
Management Audit
Employees Audit
This refers to the body of cooperative principles adhered to worldwide by cooperatives.
Cooperative Principles
Universally Accepted Principles
Representative Assembly
Articles of Cooperation
