WorksheetsAcctg236 B4B5 Final Exam
Total questions: 35
Worksheet time: 6mins
Which of the following banks is not included in Project Agila?
Maya Philippines Inc.
Metropolitan Bank & Trust Co.
Union Bank of the Philippines
China Banking Corp.
This is the income received from the factors of production.
Factor Income
Consumer Expenditure
Gross Domestic Product
Value Added
The Philippine government falls under this major economic sector.
Public Sector
Consumer Sector
Business Sector
Foreign Sector
It is a venue where buyers (users) and sellers (providers) meet.
Market
Rendezvous
Counter
Bank
Among the tips given by different financial advisers, which of these was not one of them?
Do not buy luxury items.
Start a budget.
Build your emergency fund.
Invest early and consistently.
It is a self-regulatory organization that provides and ensures a fair, efficient, transparent and orderly market for the buying and selling of securities.
Philippine Stock Exchange
Financial Executives of the Philippines
Anti-Money Laundering Council
Bangko Sentral ng Pilipinas
Which credit rating agency has said that Philippine banks are well placed to ride the country's robust economic growth in 2024?
S&P Global Ratings
Moody's
Fitch
Bangko Sentral ng Pilipinas
CPI stands for
Credit Performance Index
Consumer Performance Index
Consumer Price Inflation
Consumer Price Index
This is a form of digital money denominated in the national unit of account and are direct liabilities of the central bank.
Fiat
Cryptocurrency
Non-Fungible Tokens
Central Bank Digital Currency
What does FDI stand for?
Federal Department of Internal Affairs
Federal Development Institute
Foreign Direct Investment
Foreign Development Initiative
BDO Capital & Investment Corporation (BDO Capital) facilitated a landmark deal in relation to the PHP__________ investment of Aboitiz Infracapital, Inc. (AIC) in GMR-Megawide Cebu Airport Corporation (GMCAC), the developer and operator of the award-winning Mactan Cebu International Airport.
PHP25 million
PHP25 billion
PHP250 million
PHP2.5 trillion
Which of the following is a secondary market transaction?
You sell 200 shares of SMC stock in the open market.
SMC issues 2 million shares of new stock to the public.
None of the choices here
What is the Philippines' growth target for 2024?
At least 6.5%
5.6%
At least 7.5%
2.1%
Money markets are markets for
Foreign currency exchange.
Corporate stocks.
Short-term debt securities.
Long-term bonds.
Who is the Finance Secretary of the Philippines effective January 11, 2024?
Benjamin Diokno
Ralph Recto
Carlos Dominguez III
Margarito Teves
It a Paris-based money laundering and terrorist financing watchdog.
Anti-Money Laundering Council
Financial Action Task Force
International Monetary Fund
World Bank
You recently sold 200 shares of San Miguel Corporation stock to your brother. This is an example of
A secondary market transaction.
A money market transaction.
A primary market transaction.
A futures market transaction.
Which of the following is the appropriate compensation for entrepreneurship?
Wages
Interest
Rent
Profits
Which of the following is not a factor of production?
Garden tractors
The Pasig River
Teachers
A P500 bill
This sector of the economy is the product market, composed of business organizations established for profit.
Public Sector
Consumer Sector
Business Sector
Foreign Sector
This is the market where business firms offer their final goods to households.
Input markets
Output markets
Financial markets
Wet markets
It shall promote financial stability and closely work with the National Government, including, but not limited to, the Department of Finance, Securities and Exchange Commission, the Insurance Commission, and the Philippine Deposit Insurance Corporation.
Financial Executives of the Philippines
Bangko Sentral ng Pilipinas
Cooperative Development Authority
Philippine Stock Exchange
According to Ramsey Solution's National Study of Millionaires, which of the following is NOT part of the top 5 careers of millionaires?
accountant
engineer
teacher
government official
This is the amount of money a lender or financial institution receives for lending out money.
Dividends
Interest Rate
Inflation
Growth Rate
This organization helps its members to be well–rounded financial executives, responsive to the changing needs of the profession and the financial services industry, conscious of good governance principles and high ethical conduct
Securities and Exchange Commission
Philippine Stock Exchange
Financial Executives of the Philippines
Chamber of Pawnbrokers of the Philippines
It is composed of the Governor of the Bangko Sentral ng Pilipinas as Chairman, and the Commissioner of the Insurance Commission and the Chairman of the Securities and Exchange Commission as members.
Chamber of Pawnbrokers of the Philippines
Philippine Deposit Insurance Corporation
Philippine Clearing House Corporation
Anti-Money Laundering Council
This is a type of mortgage offered to borrowers with low credit scores or other credit issues.
Prime mortgage
Subprime mortgage
Collateralized Debt Obligation (CDO)
Mortgage-Backed Securities
It is a complex structured finance product that is backed by a pool of loans and other assets and sold to institutional investors.
Subprime mortgage
Mortgage-Backed Securities (MBS)
Housing Bubble
Collateralized Debt Obligation (CDO)
It is a virtual currency generally not issued by any central authority, which makes them immune to government interference or manipulation.
Cryptocurrency
Blockchain
Fiat
Non-fungible token (NFT)
According to FINEX, it is the ability to make appropriate decisions in managing an individual’s personal finances.
Academic skills
Financial literacy
Emotional maturity
Self-awareness
If expected inflation increases, interest rates are likely to increase.
True
False
When a company issues new bonds, it is a primary market transaction.
True
False
An investor asks his broker to purchase 1,000 shares of Microsoft common stock is a secondary market transaction.
True
False
It is the first and only organization to serve and to represent the best interests of the firms and individuals involved in the aspects of the pawn brokering industry.
National Pawnbrokers Association
National Pawnfinders Association
Chamber of Pawnbrokers of the Philippines Inc.
Philippine Institute of Pawnbrokers
Who is the Chair of the Accountancy Department of CIT University?
Sarah Geronimo
Sarah Gabriel
Alexander Franco Delantar
Lucita Adelan
