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ENT300 CHAPTER 7 (EXERCISE)

Total questions: 25

Worksheet time: 14mins

Name
Class
Date
1.

What are business regulations?

a)

Recommendations for employee training

b)

Guidelines for personal conduct

c)

Laws or rules prescribed by authority governing business organizations

d)

Suggestions for improving sales

2.

Which of the following is NOT a type of taxation mentioned?

a)

Personal Tax

b)

Sales Tax

c)

Property Tax

d)

Company Tax

3.

What is the purpose of business support systems?

a)

To manage company finances

b)

To enforce government policies

c)

To provide assistance to entrepreneurs

d)

To regulate employee behavior

4.

What type of assistance is NOT included in business support systems?

a)

Research & Development

b)

Legal Assistance

c)

Marketing Assistance

d)

Financial Assistance

5.

What is the role of government in business regulations?

a)

To promote competition among businesses

b)

To provide loans to businesses

c)

To ensure businesses are conducted ethically

d)

To manage employee relations

6.

Which of the following is a component of business regulations?

a)

Market Research

b)

Product Development

c)

Approval & Licensing

d)

Customer Service

7.

What does the Employer Provident Fund relate to?

a)

Taxation policies

b)

Market analysis

c)

Employee benefits

d)

Business licensing

8.

Which of the following is a type of financial assistance?

a)

Market Analysis

b)

Grants and Loans

c)

Employee Training

d)

Product Marketing

9.

What is the significance of understanding business regulations for entrepreneurs?

a)

To increase sales

b)

To ensure compliance and long-term success

c)

To reduce operational costs

d)

To hire more employees

10.

Which organization is associated with social security in employment policies?

a)

Occupational Safety and Health

b)

Social Security Organisation

c)

Employer Provident Fund

d)

Business Development Agency

11.

Which organization focused on providing integrated entrepreneur development packages to assist Bumiputera entrepreneurs in Retail and Small and Medium sized Enterprise (SME) sectors?

a)

Perbadanan Usahawan Nasional Berhad

b)

Majis Amanah Rakyat (MARA)

c)

Small Business Administration (SBA)

d)

Ministry Of Human Resource

12.

Which governmental agency is responsible for overseeing workplace safety regulations in the Malaysia?

a)

Environmental Protection Agency (EPA)

b)

Occupational Safety and Health Administration (OSHA)

c)

Federal Trade Commission (FTC)

d)

Securities and Exchange Commission (SEC)

13.

Which governmental authority in Malaysia is responsible for issuing manufacturing licenses?

a)

Ministry of International Trade and Industry (MITI)

b)

Malaysian Industrial Development Authority (MIDA)

c)

Department of Standards Malaysia

d)

Securities Commission Malaysia

14.

License Permits and Regulations

  • Question: What is the importance of obtaining licenses, permits, and adhering to regulations in an operational plan?

a)
  • A) To decorate the business office

b)
  • B) To ensure legal compliance and smooth operation of the business

c)
  • C) To engage in international trade

d)
  • D) To determine employee vacation schedules

15.

What is the purpose of management training and entpreneur?

a)

Provide training of financial

b)

Provide training to obtain skill

c)

Provide capital

d)

Provide food and drinks

16.

What agency that provide training?

a)

BPM-bank pertanian malaysia

b)

NPC-national productivity corporation

c)

PORIM-palm oil research industry malaysia

d)

MDSC-malaysia driving school

17.

(i)personal fund/saving

(ii)retirement account

(iii)long-term financing

(iv)loan from ahlong


which above is source of capital?

a)

i,iv

b)

i,ii,iv

c)

iii,i,ii

d)

All above

18.

What is the purpose of Infrastructure support?!

a)

Infrastructure assistance provide in Malaysia

b)

Government gives support to the Entrepreneurs

c)

Provide support for Entrepreneurs to start business

d)

Bank give entrepreneurs house and car

19.

What is Marketing support ?!

a)

Government give funds to entrepreneurs to market their products

b)

To help entrepreneur marketing strategy to market their product

c)

To help an entrepreneur distribute and market their product local and international.

d)

To make them famous in the world

20.

“PORIM” means

a)

Palm oil retreat in Malaysia

b)

Palm oil research industry malaysia

c)

Palm oil research interview malaysia

d)

Palm oil research industry melaka

21.

What are the agency under Technical and technology support?!

a)

”UDA”

b)

“SEDC”

c)

“MIDF”

d)

“FRIM”

22.

(i) PORIM- Palm oil research industry malaysia

(ii) MIMOS- Malaysian institute of Malaysia

(iii) FRIM- Forest research institute of malaysia


agency above refer to

a)

Financial support

b)

Management training

c)

Technology and technical support

d)

Research and department

23.
Which of the following criteria determine if an individual is considered a tax resident in Malaysia?
a)
Being physically present in Malaysia for at least 182 days in a calendar year
b)
Being physically present in Malaysia for at least 90 days in a calendar year
c)
Holding a valid work permit in Malaysia
d)
Owning property in Malaysia
24.
Can non-resident individuals or companies have chargeable income in Malaysia?
a)
No, only tax residents are subject to chargeable income in Malaysia
b)
Yes, non-residents are taxed on their income sourced in Malaysia
c)
Yes, non-residents are taxed on their worldwide income
d)
No, non-residents are exempt from taxation in Malaysia
25.
How is the tax residency status of an individual determined in Malaysia?
a)
By the individual's nationality
b)
By the number of days spent in Malaysia during the tax year
c)
By the individual's employment status in Malaysia
d)
By the individual's marital status