On the 92nd Academy Awards, what movie won the best picture award?
Parasite
The branch of accounting that examines a firm's financial statements and internal controls for the purpose of expressing opinions regarding the financial statements
auditing
With the recent outbreak what is the meaning of the abbreviation NCOV?
Novel Corona Virus
Tax Reform for Acceleration and Inclusion is known as _______.
RA 10963
Last signatory of every clearance
Finance Office
What is the next line for this famous movie line?
(video)
"I deserve an acceptable reason"
Name the 5 Financial Statements that is commonly prepared
Statement of Financial Position (Balance Sheet)
Statement of Comprehensive Income (Income Statement)
Statement of Cash Flows
Statement of Changes in Owner's Equity (or Retained Earnings)
Notes to Financial Statement
What are the two states that does not legalize divorce?
Philippines and Vatican City
The actual effort exerted by the government to effect the exaction of what is due from the taxpayer is known as ___________.
Collection
What year did St. Paul University Quezon City started to open its door to young men who desired to undergo their college education and formation in SPUQC
2006
Who was the Former President of the Philippines who opened the Malacanang Palace to the public?
Ramon Magsaysay
System of reporting revenues and expenses in the period in which they are considered to have been earned or incurred, regardless of the actual time of collection or payment
accrual basis accounting
Who is the guy next to Former President Erap in this picture?
Kobe Bryant
It is a form of escape from taxation when the means used to minimize taxes are legal and not prohibited by law.
Tax Avoidance
How many undergraduate programs under Bachelor of Science and Bachelor of Arts does the SPUQC offer
14
What broadway musical did Rachelle Ann Go and Lea Salonga starred as Fantine?
Les Miserables
What is the amount of Cash?
243,570
What is the official petition hashtag of ABS-CBN?
#NoToABSCBNShutdown
Tax-exempt threshold for 13th month pay and other bonuses under TRAIN Law is:
(answer in US Dollars Php 1= USD 50.58)
Ans. $1,779.3594306
Php 90,000/50.58
Where should do we borrow speakers and microphone (complete office name)
Communication Media Center
How many "doo" in the whole song of Baby Shark?
162
AN ACT REGULATING THE PRACTICE OF ACCOUNTANCY IN THE PHILIPPINES
RA 9298
Wha is the Island that is being claimed by the Chinese Government? (Give the correct Spelling)
Scarborough Shoal
EXO University is a non-stock/non profit institution
Tuition fees 3, 000, 000
Parking fees 100,000
Admin Expenses- school 100, 000
Other School Expenses 900, 000
How much is the tax due?
Ans. 0/EXEMPTED
Sol.
100, 000/ 100, 000= 10%
Non-stock/ Non-profit educational institutions are generally exempted but if Admin Expenses exceeds 30% of total expenses------ 30%
What is the complete address of St. Paul University Quezon City
#16 Aurora Blvd., corner Gilmore Avenue, New Manila, Quezon City