All about CDA
What does the acronym CDA Stand for?
Cooperative Development Authority
Is it mandatory to join a cooperative union?
NO
Who is the Chief of Registration Division?
Augusto Salvador Balles
What has to be broken before you can eat it?
Egg
What is the third planet nearest to the sun?
Venus
Who is the Chairman of CDA?
Joseph B. Encabo
What are the 7 principles of cooperatives?
1. Open and voluntary membership
2. Members economic participation
3. Democratic control
4. Autonomy and independence
5. Education, training and information
6. Cooperation among cooperatives
7. Concern for community
How long does it take to process original registration per Code
60 days
What month of the year has 28 days
All months
Who is the founder of Microsoft?
Bill Gates
What are the Core Values of CDA?
Excellence
Commitment
Integrity
Teamwork
What article provides for the right to examine?
Art. 83
How much is the registration fee for amendment?
Basic fee plus 1/2 of 1% of paid up capital
What is full of holes but still holds water?
Sponge
Who invented the telephone?
Alexander Graham Bell
What is the Regulatory outcome indicator of CDA?
90% of coops are compliant with laws, rules and regulations
How should allocation of net surplus be made if there is net loss from previous year?
Modified allocation of:
25% on ISC & PR
1/2 of percentage allocations for CETF, CDF & OF
Remaining to Resetve Fund
What is the most important provision of the articles of cooperation?
Common bond and field of membership
What question can you never answer a yes to?
Are you sleep yet?
What country is the amazon mostly located?
Brazil
How many personnel does CDA have?
1650
What is the penalty for using the word cooperative without having registered with CDA?
Imprisonment for 2-5 years and Fine of 20k
What is the exception to meeting in amendment requirement?
Referendum
I shave every day but my beard stays the same. What am I?
A barber
What is the only part of the body that can't heal itself?
Teeth