MULTIPLE CHOICE 2 Flashcards
(10 cards)
Which institution reviews decisions of tax authorities in the Philippines?
A. Supreme Court
B. Court of Appeals
C. Court of Tax Appeals
D. Bureau of Internal Revenue
✅ Answer: C
Which of the following transports goods or passengers for a fee and is open to the public?
A. Private Vehicles
B. Freight Brokers
C. Common Carriers
D. Delivery Apps
✅ Answer: C
Companies that generate electricity through power plants are:
A. Transmission Companies
B. Power Providers
C. Generation Companies
D. Energy Consultants
✅ Answer: C
Which entities are responsible for transporting electricity from power plants to distributors?
A. Distribution Companies
B. Energy Brokers
C. Transmission Companies
D. Common Carriers
✅ Answer: C
Who operates the country’s electricity transmission system?
A. ERC
B. Meralco
C. National Grid Corporation of the Philippines (NGCP)
D. DOE
✅ Answer: C
Which agency regulates electricity rates and ensures consumer protection?
A. Department of Energy
B. Court of Tax Appeals
C. Energy Regulatory Commission (ERC)
D. National Electrification Administration
✅ Answer: C
Who delivers electricity from the grid to end-users?
A. Retail Companies
B. Generation Companies
C. Distribution Companies
D. Importers
✅ Answer: C
Companies that provide coverage for property and liability risks are:
A. HMO
B. Life Insurance Companies
C. Non-Life Insurance Companies
D. Investment Firms
✅ Answer: C
Which company offers pre-arranged plans for education, funeral, or pension services?
A. Pension Fund
B. Pre-Need Companies
C. Mutual Fund
D. Lending Institutions
✅ Answer: B
What organization provides prepaid health care services?
A. DOH
B. Insurance Commission
C. Health Maintenance Organization (HMO)
D. Medicard
✅ Answer: C