will You go to the office of the Department of Industry (DTI) Ir you register you corporation business. 1. he office to visit when registering your solely owned business is Securities and Exchange Commission (SEC). 2. ou go to the Bureau of Internal Revenue when you get Tax 3. Identification Number (TIN). contribution at the Social Employers are the only one to pay 4. Security System (SSS). You cannot start your business without a consultant. 5. Record keeping is not necessary in business operation. Record keeping is beneficial to the owner. 7. The objective of the businessman should be clear. 8. Tasks before starting the business should have a time allotment. 9. Records are sources of documents. 10. Professional advices are necessary before starting the business. 11. Professional advice is not needed during the business operation. 12. Bookkeeping is only important to the accountant. Record keeping can measure the profit and performance of the 14. enterprise. 13. Recordkeeping can be both physical and electronics. 15. CS Scanned with CamScanner 6.

will You go to the office of the Department of Industry (DTI) Ir you register you corporation business. 1. he office to visit when registering your solely owned business is Securities and Exchange Commission (SEC). 2. ou go to the Bureau of Internal Revenue when you get Tax 3. Identification Number (TIN). contribution at the Social Employers are the only one to pay 4. Security System (SSS). You cannot start your business without a consultant. 5. Record keeping is not necessary in business operation. Record keeping is beneficial to the owner. 7. The objective of the businessman should be clear. 8. Tasks before starting the business should have a time allotment. 9. Records are sources of documents. 10. Professional advices are necessary before starting the business. 11. Professional advice is not needed during the business operation. 12. Bookkeeping is only important to the accountant. Record keeping can measure the profit and performance of the 14. enterprise. 13. Recordkeeping can be both physical and electronics. 15. CS Scanned with CamScanner 6.

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter8: Business Organizations

Section: Chapter Questions

Problem 19AA

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Question

Answer the following

will
You go to the office of the Department of Industry (DTI) Ir you
register you corporation business.
1.
he office to visit when registering your solely owned business is
Securities and Exchange Commission (SEC).
2.
ou go to the Bureau of Internal Revenue when you get Tax
3.
Identification Number (TIN).
contribution at the Social
Employers are the only one to pay
4.
Security System (SSS).
You cannot start your business without a consultant.
5.
Record keeping is not necessary in business operation.
Record keeping is beneficial to the owner.
7.
The objective of the businessman should be clear.
8.
Tasks before starting the business should have a time allotment.
9.
Records are sources of documents.
10.
Professional advices are necessary before starting the business.
11.
Professional advice is not needed during the business operation.
12.
Bookkeeping is only important to the accountant.
Record keeping can measure the profit and performance of the
14.
enterprise.
13.
Recordkeeping can be both physical and electronics.
15.
CS Scanned with CamScanner
6.

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