GE ELECT 4SSP PRE-MIDTERM EXAM
Authored by Rodelo Luyao
Business
University
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50 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
1. A cooperative the primary purpose of which is to procure and distribute commodities to members and non members
1. A cooperative the primary purpose of which is to procure and distribute commodities to members and non members
Multi-purpose
Electric
Consumer
Cooperative Bank
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
2. A cooperative organized for the primary purpose of undertaking power generations.
2. A cooperative organized for the primary purpose of undertaking power generations.
Multi-purpose
Electric
Consumer
Cooperative Bank
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
3. A cooperative which combines two 2 or more of the business activities of these different types of cooperatives.
3. A cooperative which combines two 2 or more of the business activities of these different types of cooperatives.
Multi-purpose
Electric
Consumer
Cooperative Bank
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
4. A cooperative organized for the primary purpose of providing a wide range of financial services to cooperatives and their members.
4. A cooperative organized for the primary purpose of providing a wide range of financial services to cooperatives and their members.
Multi-purpose
Electric
Consumer
Cooperative Bank
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
5. Is an autonomous and duly registered association of persons, with a common bond of interest, who have voluntarily joined together to achieve their social, economic, and cultural needs and aspirations.
5. Is an autonomous and duly registered association of persons, with a common bond of interest, who have voluntarily joined together to achieve their social, economic, and cultural needs and aspirations.
Cooperative
Sole proprietorship
Partnership
Corporation
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Is a contract whereby two or more persons bind themselves to contribute money, property or industry to a common fund with the intention of dividing profits among themselves.
Cooperative
Sole proprietorship
Partnership
Corporation
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Corporations which have capital stock divided into shares and are authorized to distribute to the holders of such shares dividends or allotments of the surplus profits on the basis of shares held.
General
Limited
Non-stock
Stock
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