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Worksheets

Reviewer GROUP 9

Total questions: 10

Worksheet time: 2mins

Name
Class
Date
1.

If you need to systematize the payment of taxes of your business, where will you go?

a)

BIR

b)

DOLE

c)

SEC

d)

SSS

2.

It is necessary to register your business to make it_____.

a)

Functional

b)

Legal

c)

Operational

d)

profitable

3.

After registering with the DTI, the certificate becomes your proof of _____.

a)

Authority to operate a business

b)

Business ownership

c)

License to operate

d)

Payment of taxes

4.

Legalize means to be permitted by____.

a)

Business

b)

Government

c)

Law

5.

Renewed your DTI every ______ and pay on time to avoid paying penalties.

a)

1 year

b)

5 years

c)

10 months

6.

What does BPLO mean?

(a)  

7.

Registering in this will help summarize your financial operation and payment of taxes.

a)

Department of Labor and Employment (DOLE)

b)

Security System (SSS)

c)

Department of Trade and Industry (DTI)

d)

Bureau of Internal Revenues (BIR)

8.

Exemption from taxes and fees except from real property and capital gains tax, import duties and taxes, this are one of the benefits derived from registering your business enterprise with __

a)

Department of Labor and Employment (DOLE)

b)

Securities and exchange commission (SEC)

c)

Ownership

d)

Cooperative Development Authority (CDA)

9.

When you register your business with the __, the certificate issued to you becomes your proof of business ownership.

a)

Department of trade and Industry (DTI)

b)

Bureau of internal revenue (BIR)

c)

Department of Labor and Employment (DOLE)

d)

Cooperative and Development Authority (CDA)

10.

Issuance of approval to operate.

a)

Ownership

b)

Legalization

c)

Authorization

d)

Business Ownership