1. The Malolos Constitution was unique because

A. It proclaimed Tagalog to be the official language of the Philippines

B. It provided for a Bill of Rights

C. It gave more powers to the legislative branch than the executive branch

D. It included the first pledge for Philippine Independence

2. If the fringe benefits (13th month pay 14th month pay and allowances) total 89000 Php, what will the tax rate be?

A. 20% in excess of 10,000

B. 10% in excess of 10,000

C. 30 % in excess of 80,000

D. None

3. The income tax is an example of a

A. Progressive Tax

B. Regressive Tax

C. Proportional Tax

D. Fixed Tax

4. It was the law that gave the extended the land acquisition and distribution function of the CARP

A. RA 9262

B. RA 6390

C. RA 6657

D. RA 9700

5. Currently, we are in which Philippine Republic?

A. Second

B. Third

C. Fourth

D. Fifth

6. Which of the following automobiles is fully exempt from excise taxes

A. Hybrid Cars

B. Low-Cost Cars

C. Electric Cars

D. None. All are subject to tax

7. If Juan has an 18 year old son who is studying Agriculture Engineering, can Juan's son be a CARP beneficiary?

A. Yes

B. No

C. Upon retirement of Juan

D. Upon graduation

8. The Bill of Rights provides protections against...

A. Possible abuse of power by the police

B. Possible abuse of power by the Courts

C. Possible abuse of power by the State

D. Possible abuse by anyone.

9. This introduced the Torrens system for land titling and registration

A. Philippine Tenancy Act of 1903

B. Land Registration Act of 1902

C. Philippine Bill of 1902

D. Commonwealth Act No. 178

10. Which of the following is a new tax feature under the TRAIN Law

A. Taxes on personal income

B. Taxes on inheritance

C. Taxes on invasive cosmetic procedures

D. Taxes on alcoholic beverages

11. How much land can be awarded to Juan?

A. 7 hectares

B. 5 hectares

C. 3 hectares

D. 10 hectare

12. The kind of government provided by the 1973 Constitution.

A. Presidential

B. Unitary

C. Parliamentary

D. Constitutional Monarchy

13. It is the agency deputized to carry out CARP

A. DENR

B. DAR

C. Registry of Deeds

D. Land Bank of the Philippines

14. Who pays the landlord for the land that is acquired from them for distribution?

A. The government

B. The farmer beneficiary

C. The haciendero

D. The Department of Agrarian Reform

15. Which of the following is vat exempt

A. House and lot

B. Medicines for hypertension and diabetes

C. Construction materials

D. Sweetened beverages

16. Which land classification is covered by CARP?

A. Agricultural

B. Agricultural and Forest

C. Agricultural, Forest, and Industrial

D. Agricultural, Forest, Industrial, and Commercial

17. Juan can sell the land awarded to him under the CARP

A. Yes

B. After 10 years

C. No

D. After 7 years

18. Juan's son can inherit the land awarded to his father

A. Yes

B. After 10 years

C. No

D. After 7 years

19. In the Spanish period, the land tenurial system dominant in the Philippines was the

A. Encomienda System

B. Barangay System

C. Hacienda System

D. Feudal System

20. He was the first Post independence president of the Philippines

A. Emilio Aguinaldo

B. Manuel L. Quezon

C. Jose P. Laurel

D. Manuel A. Roxas

21. The Value Added Tax belongs to the classification of

A. Direct Tax

B. Personal Tax

C. Regressive Tax

D. Indirect Tax

22. Which of the following is not true about taxation?

A. Only income earners pay taxes

B. Taxes are a government's source of revenue

C. Taxes are the lifeblood of the government

D. A mode of raising revenue for public purpose

23. Excise taxes on alcoholic beverages are examples of

A. Direct Tax

B. Personal Tax

C. Regressive Tax

D. Indirect Tax

24.It was the constitution of the Second Republic of the Philippines

A. Malolos Constitution

B. 1935 Constitution

C. 1943 Constitution

D. 1973 Constitution

25. Under the CARP whose welfare is given priority?

A. Hacienderos

B. Landless Farmers

C. Landless Farmers and farmworkers

D. Farmworkers