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Lesson 14: Funds Of The Government
Test Description: Review
Instructions: Answer all questions to get your test result.
1) Why are taxes important?
A
This helps the government create projects and programs for the people.
B
It is just an added expense for workers.
C
The government will just use the money collected for their own benefit.
D
Taxes are not important to the public.
2) Which government agency gathers information about the country's population?
A
Department of Health
B
Social Security System
C
National Statistics Office
D
Philippine Statistics Authority
3) These are paid by people who violate the law.
A
Sales Tax
B
Value Added Tax
C
Fines
D
Income Tax
4) This is a government-owned-and-controlled corporations.
A
Light Rail Transit Authority
B
MERALCO
C
Globe Communications
D
PLDT
5) This refers to the total number of people in a certain place.
A
Religion
B
Community
C
Population
D
Culture
6) This is the primary source of income of the government.
A
Fees
B
GOCCs
C
Taxes
D
Fines
7) People buying products or any items pay this kind of tax.
A
Value Added Tax
B
Fine Tax
C
Sales Tax
D
Income Tax
8) Business owners and employees pay this kind of tax.
A
Income Tax
B
License Fee
C
Value Added Tax
D
Sales Tax
9) They provide services, projects, and programs for the people.
A
Students
B
Banks
C
Government
D
Restaurants
10) What is NOT an effect of a fast-growing population?
A
More opportunity to study and work
B
Depletion of natural resources
C
More waste and garbage materials
D
Limited land area
*select an answer for all questions
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