Catanduanes State University

COLLEGE OF ARTS AND SCIENES

Social Science Department
Virac, Catanduanes

FINAL EXAMINATION IN SPL CORE 2

(Good Governance and Social Responsibility)
___________________________________________ _____________________ _______________
Name of Student ID Number Date of Exam.
_____________________________________ ___________________________ __________________
Year/Curricular Program/Block CP Number Result of Exam.

Part I – FILLING THE BLANK: fill the blank with a correct answer.

_________ 1. Main source of government revenues.

_________2. The lifeblood of Government.
_________3. Levied against person, property and business transactions.
_________4. Enforced contribution payable in terms of money.
_________5. Inherent power of the government against property.
_________6. Taxes directly charge to individual income taxpayer.
_________7. Equality of revenues against expeditures.
_________8. Levied upon business transactions.
_________9. Power of the government to impose taxes.
________10. No ne shall pay taxes of exactly the same nature.
________11. Detailed program of expenditures of government.
________12. Imposed on import and export items.
________13. When person is held accountable against government asses.
________14. Initial steps in Budget Preparation
________15. Fund based on trusteeship.
________16. Fund for general purposes.
--------------17. When expenditures are supported by documents.
--------------18. Spending beyond capacity to raised revenues.
--------------19. Taxes increases as the tax base increases.
--------------20. Taxes decreases as the tax base increases
--------------21. When taxes are cost on one hand and benefits on the otherhand.
-------------22. When taxation as a duty is denied by a taxpayer.

Part IIa – TRUE OR FALSE: Read each of the following statement and determine whether it is true or
false. Write true if it is correct and false if it is wrong. Use the blank provided before each item.

---------------1. Customs duies are main source of government revenues.

-------------- 2. Property taxes are Direct Taxes
---------------3. Income tax is an indirect taxes
---------------4. Accounting systems determines graft and corruption offenses.
----------------5. Auditing comes after accounting.
----------------6. Budget execution applies accounting processes.
---------------- 7. Subsidiary books are other transaction books.
----------------8. Disclosure is not an accounting practices
----------------9. Auditing determines appropriateness of transactions rather than accounting processes.
---------------10. Cash auditing is for cash custodian only.
---------------11. Income is retained earnings
---------------12. Acid-test ratio is an accounting tool for liquidity.

Test IIb - DEFINITIN OF TERMS: Define the following terms;

35-36 -Line-Item Budgeting

37-38 -Deficit Financing

39-40 -Fiscal Policy

41-42 -Accounting Principles

43-44 -Accounting Functions

Part III – DISCUSSIONA AND EXPLANATION: Demonstrate, Discuss, and Explain the following
processes;

45-65 -Government Budgeting and its processes

66-85 -Auditing Procedures for Cash Auditing and Examinations.

Prepared by:

NOEL B. DE LEON Noted:

CAS-Faculty JUNNIE T. GIANAN, MAEM
Chairperson, Soc. Science Dept.