1. What does OECD stands for?

a. Organization for Economics and Corporation Development

b. Organization for Environmental Cooperation Development
c. Organization for Economic Cooperation and Development

2. What are the most serious governance problems in Asian Companies?

a. Concentrated ownership structure
b. Prevalent related party transactions
c. Lack of independence of Boards and Directors
d. All of the above
3. An institution that is independent and international for public private cooperation seeking to
shape the global regional national and industry agendas.
A. Philippine Construction Association
B. European Chambers of Commerce
C. World Economic Forum
D. World Peace Organization
4. What rank of the Philippines in Corporate Governance Watch Market Scores?
a. 6th rank
b. 3rd rank
c. 10th rank
d. 12th rank
5. It is a framework that proposed parameters for stronger and more effective enforcement?
a. Government Blueprint
b. Governance Road Map
c. Governance Scorecard
d. Corporate Governance Code
6. What does ICD stands for?
a. Institute of Corporation Development
b. Institute of Corporation Directors
c. Institute of Corporate Directors
d. Institutions of Corporation Developments
7. It required among others to every agency of government on both the national and local levels to
prominently display and actively disseminate its citizens charter that contains major services,
programs, projects and activities?
a. Transparency Seal
b. Citizens Charter
c. Civil Service Commission
d. Government Reforms
8. What does CFO stands for?
a. Chief Finance Officer
b. Chief Financing Organization
c. Chief Financial Officer
d. Chief Financing Officer
9. The summary of Chief Finance Officers duties and responsibilities are stated except?
a. Recruit trains supervises and evaluate department staffs
b. Analyse impact of various delivery financial models purchase lease systems
c. Participate as an integral part of the Senior Management team
d. Develop new policies, another financial models and new procedures to
transacting health matters
10. Philippines CFO’s competencies are have a top three choices except
a. Strategies
b. Steward
c. Leadership
d. Catalyst
11. According to Deloittes CFO Competency map it is called the province of Steward?
a. Efficiency and Service Levels
b. Catalyst
c. Accounting, Control and Risk Management
d. Excellence
12. According to Deloittes CFO Competency map these are the primary areas of focus for the
operator?
a. Steward
b. Effiency and Service Levels
c. Accounting Control and Risk Management
d. Excellence
13. According to Deloittes CFO Competency map it is an agent of change, focused on establishing a
value attitude through out the organization.
a. Catalyst
b. Steward
c. Excellence
d. Accounting Control and Risk Management
14. According to Deloittes CFO Competency map it is focused on defining the future of company to
enhance business performance and shareholder value?
a. Catalyst
b. Strategist
c. Excellence
d. Steward
15. What does Strategist contains in CFO Competency Pyramid except
a. Critical Thinking
b. Organizational Advocacy
c. Strategic Management
d. Leadership
16. What does Catalyst contains in CFO Competency Pyramid except
a. Organizational Advocacy
b. Communication
c. Leadership
d. Corporate Governance
 17. What does Steward contains in CFO Competency Pyramid except
a. Accounting Knowledge
b. Project Management
c. Financial Risk Evaluation
d. System Management
18. What does Operator contains in CFO Competency Pyramid except
a. Corporate Finance
b. Project Management
c. Financial Risk Evaluation
d. Human Capital Management
19. It is the barometer of market effectiveness?
a. Profitability
b. Sustainability
c. Management
d. Effectiveness

Modified True or False

21. Across all industries, Chief Finance Officer are addressing the issue of sustainability
22. Sustainability is not just taking care of the environment, you have to socially responsible
to he communities you served.
23. Integrity refers to quality of being honest and having strong moral principles
24. Integrity also means State of being a whole and undivided
25. To govern means to conduct the affairs of state, organization or people
26. Regulatory burden measures the competence of bureaucracy and quality of public
service delivery
27. Control of corruption measures political, civil and human rights
28. Philippines is being tagged as one of the most progress country in past 20th century in
Asia
29. The Governance Blueprint embodies a comprehensive enumeration of specific actions
that would evince and manifest a concrete commitment to ethical business practices
and good corporate governance
30. Philippines ranked as 70th out of 178 counties as having the highest level of public sector
corruption

State the following terms :

31. DBM – Department of Budget and Management

32. DOF – Department of Finance
33. SEC - Securities and Exchange Commission
34. BIR – Bureau of Internal Revenue
 35. BoC – Bureau of Customs
36. DoTC – Department of Transportation and Communications
37. ACGD – ASEAN Corporate Governance Scorecard
38. OECD – Organization for Economic Cooperation and Development
39. GDNI – Global Directors Network Institutes
40. ASEAN – Association of South East Asian Nations

Enumerate the exemplars of good governance

41. Jose T. Sio – SM Investment Corporation

42. Defin C. Gonzales Jr. – Ayala Corporation
43. Sherisa P. Nuesa – Manila Water Company
44. Ysmael V. Baysa – Jollibee Foods Corporation
45. Felipe C. Yalong – GMA network
46. Jose Teodero K. Limacaoco – Ayala Corporation
47. Danny Y. Yu – Philex Mining Corporation
48. Luis Juan B. Oreta – Manila Water Company
49. Jose Jerome R. Pascual III – Shell Philippines
50. Jeffrey C. Lim – SM Prime Holdings