College of

Business and Hospitality Management

Bachelor of Science in Business Administration major in Marketing Management
211 N. Bacalso Avenue, Cebu City | 261-0234 / 261-0235

Date:MARCH 11,2024
Name : BACLAYO, AY-AY S.
Course : BSBA-2
Subject : BA04 Taxation
Instructor : Christine G. Bergado, CPA, CTT, MBA

Quiz 03

Test I: Exercise Drill (6 points)

Instruction: Identify whether the transaction is taxable under Income Tax or Transfer Tax.

Test II: Exercise Drill (22 points)

Instruction: Identify whether the item is Taxable or Exempt.
 Answer Sheet
Test I: Exercise Drill
1. Transfer Tax
2. Income Tax
3. Income Tax
4. Transfer Tax
5. Transfer Tax
6. Transfer Tax

Test II: Exercise Drill

4.Taxable
1. Taxable 5.Taxable
2. Taxable 6.Taxable
3. Exempt 7.Taxable
8.Exempt
9.Exempt
10.Taxable
11.Taxable
12. Exempt
13. Exempt
14. Exempt
15. Exempt
16. Taxable
17. Taxable
18. Exempt
19. Exempt
20. Exempt
21. Exempt
22.Exempt