COM5011 (38) G) Take Test: PPT 2 (Part 2: General Principles) ' 3 Question Completion Stems: QUESTION 1 Undardeclaring the sales receipts is a form of tax evasion. Tax evasion is also known as "Tax Dodglnd'. 2 points Save Answer QUESTION 2 1:58 PM + 47 1:09 . LTE Moreen Yao X COM5011 (3E3) > Take Test: PPT 2 (Part 2: General Principles) b. False 2 points Save Answer QUESTION 2 A fundamental rule in taxation is that the "property of one country may not be taxed by another country". This is - O a.International law b.International comity c.Reciprocity OO d.International inhibition 2 points Save Answer QUESTION 3 AA Aust.blackboard.com . . . m More Edit O1:58 PM + 47 1:09 . LTE Moreen Yao X COM5011 (3E3) > Take Test: PPT 2 (Part 2: General Principles) d. International inhibition 2 points Save Answer QUESTION 3 All appropriation, revenue or tariff bills, bills authorizing increase of the public debt, bills of local application, and private bills shall originate exclusively in the - a. Office of the President b.House of Representatives OOOO c.Senate d.Supreme Court 2 points Save Answer QUESTION A AA Aust.blackboard.com . . . More Edit O1:58 PM + 47 1:09 . LTE (4) Moreen Yao X COM5011 (3E3) Take Test: PPT 2 (Part 2: General Principles) QUESTION 4 The Lung Center of the Philippines, a charitable institution, is built in the middle of a twelve hectare lot - I.A big space at its ground floor is being leased to private parties, for canteen and small store spaces, and to medical or professional practitioners who use the same as their private clinics for their patients whom they charge for their professional services. Il. The rest of the portions of the building are used for its patients, whether paying or non-paying. Ill.Almost one-half of the entire area of the lot on the left side of the building is vacant and idle. IV.A big portion on the right side is being leased for commercial purposes to a private enterprise known as the Elliptical Orchids and Garden Center. Which portion is subject to real property tax? a.I only b.I and II OOOO c.Ill and IV d.I, Ill and IV 2 points Save Answer AA Aust.blackboard.com C . . . m More Edit O1:58 PM + 47 1:09 Moreen Yao . LTE X COM5011 (3E3) > Take Test: PPT 2 (Part 2: General Principles) 2 points Save Answer QUESTION 5 Due to community quarantine, Mang Tolits was separated from work. Subsequently, he shifted to on-line selling of frozen products within NCR and he used his residence as his business address. He derives income from on-line selling. He is subject to Philippine Income and Business Tax. a. True O b. False 2 points Save Answer QUESTION 6 AA Aust.blackboard.com . . . More Edit O