Republic of the Philippines

Division of Masbate
SAN JACINTO NATIONAL HIGH SCHOOL
San Jacinto,Masbate

TABLE OF SPECIFICATIONS
ENTREPRENEURSHIP
FOURTH QUARTERLY EXAM
SY 2017-2018

LEVEL OF DIFFICULTY
EASY AVERAGE DIFFICULT

TOPIC No. of Hours % No. of Items 60% 30% 10%

Sources of Opportunities,MicroMarket,
Consumer Preferences,Piques,and Perceptions 4 11% 6 4 2
Opportunity Screening:The Personal screen,
The 12 Rs Opportunity Screening 3 9% 4 2 2

Financial Forecasts and Determination of 4 11% 6 4 2

Financial Feasibilty:Income Statement,Balance sheet

Market Research:Basic Questions in Market Research, 6 17% 9 5 3 1

Market Research Methodologies,Sales Data mining

Customer Profiling:Methods of Customer

Profiling,Psychographics,Technographics
6 17% 9 5 2 1
Market Mapping
Let The Market Know You Better:7 Ps 3 9% 4 2 2

The Right Product for the Right Market:

New Product Development,(Entrepreneural Mind 5 14% 7 4 3
,Product Coceptualization and the Creative mind,
Technical Mind,Business Mind

Business Implementation:Very clear purpose,Compelling 4 11% 6 4 1 1

vision,very good business plan,
Organizing and structuring the enterprise
TOTAL 35 100.00% 50 30 17 3

Prepared by:

GINALYN R. VILLAMOR Noted by:

TEACHER-II
RICHARD C. BASAS
ASP-II
 Republic of the Philippines
Division of Masbate
SAN JACINTO NATIONAL HIGH SCHOOL
San Jacinto, Masbate
SENIOR HIGH SCHOOL DEPARTMENT

FINAL EXAM IN ENTREPRENEURSHIP

SY 2017-2018
Name:___________________________________ Grade & Section_________________
I. MULTIPLE CHOICE
Direction: Read and analyze each question carefully. Choose the letter of the correct answer. Avoid Erasure

1. How is the consumers' age, culture, and status affect their 9.Which of the following represent the
preferences? It refer to the tastes of particular enterprise's debts to suppliers,to banks,
groups of people. government,employees and other financie
A. Micromarket C. Consumer dislikes A.Balance Sheet C.Assets
B. Consumer Preferences D. Perceptions B.Income Statement D.Liabilities
2. What is the specific customer group that an enterprise 10.Which of the following is probably one
wishes to serve? the best ways of gathering data about
A. Micromarket customers in their natural setting without
B. Consumer Preferences having to interact or talk to them?
C. Consumer dislikes A.Sales Data Mining
D. Perceptions B.Observation Technique
3.What is the opportunity that aligned with what you C.Survey Research
have as you personal vision,mission,and objectives D.Questionnaire Design
for the enterprise you want to set up? 11.The respondents are asked a variety o
A. Resonance questions which are often about their pers
B.Relevance information, their motivations andtheir be
C.Reach A.Sales Data Mining C.Survey Researc
D.Range B.Observation TechniqueD.Questionnaire D
4.What is the opportunity that match the values and 12.Which of the following should be prese
desired virtues that you have or wish to impart? in a neutral manner and be translated into
A. Resonance dialect that the target respondents are
B. . Relevance familiar with?
C.Reach A.Sales Data Mining C.Survey Researc
D.Range B.Observation TechniqueD.Questionnaire D
5.What is the opportunity that have good chaces of 13.Determine what you want to know and
expanding through branches,or franchise in order to and define the goals of your research.
attain rapid growth are better opportunities? A.Develop the research objective
A.Resonance B.Determine you sample
B.Relevance C.Create your Questionnaire
C.Reach D.Analyze the Data
D.Range 14.Identify who and what kind of people y
6.What is the opportunity that can potentially lead to a will interview and where you are going to
wide range of possible product or service offerings. them.
thus,tapping many market segments? A.Develop the research objective
A.Resonance C.Reach B.Determine you sample
B.Relevance D.Range C.Create your Questionnaire
7.What is the financial statement that measures D.Analyze the Data
the performnance in terms of revenue and 15.Identify the key information you will ha
expenses over a certain period? ask from your respondents.
A.Balance Sheet C.Assets A.Develop the research objective
B.Income Statement D.Liabilities B.Determine you sample
8.Which of the following represent all the C.Create your Questionnaire
investments in the enterprise including the initial D.Analyze the Data
investments that you considered in the 16.Which of the following are orderly proc
pre-feasibility study? processing,organize the questionnaires
A.Balance sheet C.Assets including the insights gained from the res
B.Income Statement D.Liabilities

A.Develop the research objective A.A very Clear Purpose

B.Determine you sample B.A very Compelling Vision
C.Create your Questionnaire C.A very good Business Plan
D.Analyze the Data D.Organizing and Structuring
17.What is the marketing map represents the product features 27.What is the financial package designed
and attributes of competitors in the marketplace? the enterprise?
A.Longitude A.Capital Structure
B.Latitude B.Organizing and Structuring
C.Product C.A very good Business Plan
D.Place D.A very Compelling Vision
18.What is important to them are the quality features of 28.How entrepreneur establish an enterpr
durability and functionality? the basis of a very exciting business conce
A.Longitude leading to a grand vision?
B.Latitude A.Capital Structure
C.Product B.Organizing and Structuring
D.Place C.A very good Business Plan
19.Which of the following are the tangible good or the D.A very Compelling Vision
intangible service that the enterprise offers to its customers 29.What is the issues capital stocks divide
in order to satisfy their needs and to produce their shares (or proportions of the total capital)
expected results? A.Stock Corporation
A.Positioning C.Product B.Non-stock Non-profit Corporation
B.Place D.Packaging C.Close Corporation
20.Which of the following that the product came wrapped D.Corporation Sole
that prominently displayed the brand name,the main 30.What is the Articles of Incorporation th
attributes of the product,the company's logo,and its the ownership of issued stocks to most
place of business? 20 persons?
A.Positioning C.Product A.Stock Corporation
B.Place D.Packaging B.Non-stock Non-profit Corporation
21.What is the regular contact points between C.Close Corporation
the enterprise and its market? D.Corporation Sole
A.Positioning C.Promotion 31.What corporation is organized to carry
B.People D.Price purpose or purposes other than generatin
22.The encompasses all the direct communication efforts profits for investors?
of the enterprise, such as advertising,public relation A.Stock Corporation
campaigns,promotional tour and others. B.Non-stock Non-profit Corporation
A.Positioning C.Promotion C.Close Corporation
B.People D.Price D.Corporation Sole
23.What is the enterprise scans the market 32.What is the special form of corporation
environment and decides to position itself with allowed by law, usually associated with th
products that specifically address the needs of clergy?
a chosen target market? A.Stock Corporation
A.Positioning C.Promotion B.Non-stock Non-profit Corporation
B.People D.Price C.Close Corporation
24.What is the product that creates emotional D.Corporation Sole
attachment and eventually becomes a signifi- II. ESSAY (use separate sheet)
cant personal expression of the consumer? 1.If you were to set up a business venture
A.Creative Mind C.Business Mind would be your personal purpose for doing
B.Technical Mind D.Entrepreneurial Mind What type of business would you set up?
25.What is the sufficient forces and resources to 2.What is the subject and scope of the
develop, launch and commercialize the new market research?
product in order to maximize its market value?
A.Creative Mind C.Business Mind
B.Technical Mind D.Entrepreneurial Mind
26.How the business will be operated and orga-
nized,including all outsourcing,subcontracting,
franchising,and licensing agreement?

Prepared by:

Ginalyn R. Villamor
Teacher-II
__________________

void Erasures

sent the
,to banks,
ther financiers?
ets
bilities
robably one of
ta about
ting without
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vey Research
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pe of the
 Republic of the Philippines
Division of Masbate
SAN JACINTO NATIONAL HIGH SCHOOL
San Jacinto,Masbate

TABLE OF SPECIFICATIONS
ORGANIZATION AND MANAGEMENT
FOURTH QUARTERLY EXAM
SY 2017-2018

LEVEL OF DIFFICULTY
EASY AVERAGE DIFFICULT
TOPIC No. of Hours % No. of Items 60% 30% 10%

OHS Policies and Procedures 4 16% 8 5 2 1

Personal Protective Equipment 5 20% 10 6 3 1

Tools, Equipment and Testing 5 20% 10 6 3 1

Types of Computer

Prepare installer 6 24% 12 7 4 1

Install operating system 5 20% 10 6 3 1

TOTAL 25 100.00% 50 30 15 5

Prepared by:

GINALYN R. VILLAMOR Noted by:

TEACHER-II
RICHARD C. BASAS
ASP-II
 Republic of the Philippines
Division of Masbate
SAN JACINTO NATIONAL HIGH SCHOOL
San Jacinto, Masbate
SENIOR HIGH SCHOOL DEPARTMENT

FINAL EXAM IN ORGANIZATION AND MANAGEMENT

SY 2017-2018
Name:________________________________________ Grade & Section:_____________
I. MULTIPLE CHOICE
Direction: Read and analyze each question carefully. Choose the letter of the correct answer. Avoid Erasu

1. People who invested in company and have property rights 8.Which is an example of merchandis
and claims on the organization are called_____________.
A. Rural Bank
A.Contractors C.Workers B.Sari-sari store
B.Consultants D.Owners
9.A restaurant which is more than on
2.What is the most important element of organization's internal business is classified as a_________?
environment? A.Tie-up business
B.dihybrid business
A.Employees C.Owners
B.Directors D.Capital 10.In a corporation,owners are called

3.It plays a major role in shaping managerial behavior. A.Trustee's

B.Directors
A.Vision C.Culture
B.Attitude D.Policy 11.Cooperatives are owned by a grou
duals.These individuals or persons ar
4.This is an environmental dimension of organization to which the
business is involved or affected by business in other countries. A.Members
B.Trustees
A.International Dimension
B.Economic 12.It is an intellectual process of thin
C.Technological Dimension decide a course of action which helps
D.Socio-cultural pre-determined objects of the organiz
A.Brainstorming C.Forecasting
5.Task environment of organization includes factors that______. B.Visualizing D.Planning

A.Immediately may influence the activities of the firm 13.Where do strategies plans begin?
B.Directly affect the organization's operations
C.Surround the company A.Business policy
D.Convert resources into products B.Business regulation

6.How does business competition improves efficiency and 14.This type of plan is the main resp
economic growth? line managers.
A.Strategic
A.Through innovations C.Through fulfillment of daily needs B.Operational
B.Through profit-sharing D.Through investment
15.Planning is a dynamic process,the
7.What type of business provides intangible products i.e skills planning is a ____________.
and expertise? A.Limited function
A.Merchandising business C.Service business B.Walled function
B.Manufacturing business D.Online business

16.Which among the group of options is the four 18.What level of planning are goals s
basic management functions?
A.Firm-level
A.Managing,working,planning,motivating B.Department-level
B.Envisioning,planning,implementing,working
C.Organizing,staffing,directing,controlling 19.What budget is used by separate
D.Controlling,hiring,organizing,promoting organization that combines revenues
budgets to determine the unit's profit
17.Illustrating specifically on how employees will help achieve
operational goals is known as____________. A.Cash budget
B.Revenue budget
A.Department planning
B.Operational planning 20.It helps organizations to develop t
C.Firm-level planning accordingly.
D.Employee planning A.Environmental scanning
B.Competitor intelligence
C.Reverse engineering
D.Global scanning

II-Classify each of the following as either Internal

Environment or External Environment,
Write N,if internal.Write X, if external. 2.How do you formulate an effective

21._________Commercial laws/business permits

22._________Oven
23._________Proprietors
24._________Bakers
25._________Profit
III-Write an example of each type of business.

26.Manunfacturing________________________
27.Merchandising_________________________ 3.How do economic growth and econ
28.Hybrid_________________________________ development affect globally?

IV-Write the four levels of planning in correct

sequence-top to bottom.
29.____________-_______________planning
30.___________- level___________
31.__________-pe_____________________
32.____________e planning

V- Essay ( 6 pts.each)

1.The Wall Street Journal and other business periodicals often carry reports
of companies that have not met their sales or profit forecasts.What are
some reasons a company might not meet its forecasts?What suggestions
could you make for improving the effectiveness of forecasting?
OL

AGEMENT

____________________________

r. Avoid Erasures

of merchandising business?

C.Beauty parlor
D.Textile factory

more than one type of

a_________?
C.Combination business
D.hybrid business

ners are called as_________.

C.Proprietorship
D.Stockholders

wned by a group of indivi-

or persons are called as_____.

C.Shareholders
D.Collective-owners

process of thinking resorted to

on which helps achieve the
of the organization.
recasting
anning

plans begin?

C.Organization's projection
 D.Organization's mission

the main responsibilty of front-

C.Tactical
D.Strategical-operational

ic process,therefore,

C.Continuous function
D.Circular function

ng are goals set?

C.Operational
D.Tactical

d by separate units of an
ines revenues and expenses
he unit's profit contribution?

C.Profit budget
D.Expense budget

ns to develop their strategies

e an effective business plan?

wth and economic
bally?
 Republic of the Philippines
Division of Masbate
SAN JACINTO NATIONAL HIGH SCHOOL
San Jacinto,Masbate

TABLE OF SPECIFICATIONS
FUNDAMENTALS OF ACCOUNTING,BUSINESS AND MANAGEMENT
FOURTH QUARTERLY EXAM
SY 2017-2018

LEVEL OF DIFFICULTY
EASY AVERAGE DIFFICULT

TOPIC No. of Hours % No. of Items 60% 30% 10%

USERS OF ACCOUNTING 3 17% 8 5 3

FORMS OF BUSINESS ORGANIZATIONS 3 17% 8 5 3

TYPES OF BUSINESS ACC0RDING TO ACTIVITIES 2 11% 6 4 2

ACCOUNTING CONCEPTS AND PRINCIPLES 4 22% 11 6 3 2

ACCOUNTING EQUATION 6 33% 17 10 5 2

TOTAL 18 100.00% 50 30 16 4

Prepared by:

GINALYN R. VILLAMOR Noted by:

TEACHER-II
RICHARD C. BASAS
ASP-II
 Republic of the Philippines
Division of Masbate
SAN JACINTO NATIONAL HIGH SCHOOL
San Jacinto, Masbate
SENIOR HIGH SCHOOL DEPARTMENT

FINAL EXAM IN FUNDAMENTALS OF ACCOUNTING,BUSINESS

SY 2017-2018
Name:_____________________________________ Grade & Section________________
I. MULTIPLE CHOICE
Direction: Read and analyze each question carefully. Choose the letter of the correct answer. Avoid Erasure

1.Which of the following is NOT considered an internal user 7.These internal users of accounting info
of accounting information? viewed as the brains of the company.

A.Owner of a business A.Management C.Owners or Stockhol

B.Senior partners of an audit firm B.Employees D.Board of Directors
C.Suppliers
D.Field Workers 8.Which of the following is NOT an advan
partnership?
2.This group of users of accounting information invested
resources to the company with hopes of earning A.Ease of formation
accpetable returns? B.No government regulation
C.Unlimited Liability
A.Creditors C.Potential investors D.Larger pool of human capital tthan sol
B.Government D.Owners or Stockholders
9.A corporation can extend its life for a p
3.Who is the main source of income of businesses;acquire exceeding
goods and services for a fee?
A.40 years C.50 years
B.45years D.60years
A.Creditors C.Potential investors
B.Customers D.Government 10.At least how many persons are requir
cooperative?
4.Who is the providers of additional funds when the
initial investment of owner is exhausted;lend resources to A.10 persons C.20 persons
businesses usally in the form of money? B.15 persons D.5 persons

A.Creditors C.Potential investors 11.Which of the following is NOT conside

B.Customers D.Government company?
A.Beauty salon C.Bus compan
5.An external user whose primary role is to regulate B.Carwash business D.Bakeshop
businesses;studies financilal statements to determine
amount of taxes payable? 12.Francesca Co.,an accounting firm,ear
from its audit engagement with San Migu
A.Creditors C.Potential investors P120,000.00 is considered as Francesca
B.Customers D.Government
A.Service revenues C.Capital
6.What information in the company's financial statement is B.Sales revenues D.Investment
the most important for creditors?
13.Manufacturing companies are also kn
A.Level of profit C.Revenue
B.Current borrowings D.All information are equally A.Retailers C.Manufactur
important B.Wholesalers D.Sole Proprie

14.Service companies are to service revenues as 21.In which of the following cases can th
manufacturing is to equation be written?

A.Production revenue C.Service revenues A.Assets=Liabilities+Equity

B.Subscription revenues D.Sales revenues B.Assets-Liabilities=Equity
C.Equity-Assets=Liabilities
15.The different types of business according to D.Equity+Assets=Liabilities
activities are
A.Manufacturing,Corporations,Service 22.This represents amounts that are collectib
B.Manufacturing,Merchandising,Service mers.They arise when a business sells its go
C.Service,Partnerships,Sole Proprietorships on account or on credit.
D.Corporations,Partnerships,Sole Proprietorships
A.Cash C.Inventories
16.Firms that buy finished or almost finished goods B.Accounts Receivable D.Equipment
from their suppliers and resell the same to customers.
23.A business enterprise is separate
A.Service C.Manufacturing from its owner or investor.
B.Merchandising D.Partnership A.Going concern principle
B.Business entity principle
17.Which of the following resources is/are used as C.Time period principle
major inputs of manufacturing companies? D.Objectivity principle

A.Raw Materials C.Overhead 24.What principle is the financial statem

B.Labor D.All of the above presented with supporting evidence?
A.Going concern principle
18.Firms that create their own products. B.Business entity principle
A.Service C.Manufacturing C.Time period principle
B.Merchandising D.Partnership D.Objectivity principle
25.Which of the following accounting pri
19.Which of the following is considered a merchandising require that all goods and services purch
company? recorded at cost?
A.Going concern principle
A.National Book Store B.Business entity principle
B.SM Hypermarket C.Time period principle
C.Rey's Convenience Store D.Cost principle
D.All of the above
20.Jinky,the accountant of ABC Company,recorded sales
of P2,000,000 for the month of October.Related to this sale
are the salaries of factory employees worth P250,000 and
bonuses amounting to 3% of the total sales.What amount
of expenses should Jinky record?
A.P250,000 C.P190,000
B.P60,000 D.P310,000
II-Solve problems applying the Accounting Equation
Transactions for ABM Company during its first month of operations:
1.Owner invested cash in the business amounting to P400000.
2.Purchased equipment for cash amounting to P60000.
3.Purchased inventories through credit amounting to P45000.
4.Purchased furniture amounting to P35000 made partial payment with cash P10000 and incurred and acc
for the balance P25000.
5.Paid cash to the Local government for business permit P7000.
6.Made sales of P20000 (P15000 cash sales, P 5000 credit sales).
7.Paid the accounts payable in #4.
8.Collected P 2500 out of the P5000 credit sales on #6.
9.Paid employee P15000.
USINESS & MANAG

_________________

oid Erasures

unting information are

mpany.

or Stockholders
Directors

OT an advantage of a

al tthan sole proprietorhips

s life for a period not

s are required to form a

OT considered a service

Bus company
Bakeshop

ng firm,earns P120,000.00
th San Miguel Corp.The
Francesca Co's

Capital
nvestment

are also known as

Manufacturers
Sole Proprietorhips

ases can the accounting

are collectible from custo-

sells its goods or services

nventories
Equipment

separate and distinct

cial statements must be

dence?

ounting principles would

vices purchased be
ed and accounts payable
 ASSETS = LIABILITIES + EQUITY

ASSETS = LIABILITIES + EQUITY

ASSETS = LIABILITIES + EQUITY

ASSETS = LIABILITIES + EQUITY

ASSETS = LIABILITIES + EQUITY

ASSETS = LIABILITIES + EQUITY

6
 ASSETS = LIABILITIES + EQUITY

ASSETS = LIABILITIES + EQUITY

ASSETS = LIABILITIES + EQUITY