Republic of the Philippines

Province of Compostela Valley

HUMAN RESOURCE MANAGEMENT SECTION
Municipality of Mawab

EXAMINATION SHEET
NAME: ________________________________________________ DATE: ______________________
POSITION APPLYING FOR: __________________________________________________________

I. GENERAL INFORMATION
DIRECTION: Please identify and encircle the correct answer.

1. What is the total Land Area of the Municipality of Mawab?

a) 16, 652 hectares

b) 16, 650 hectares
c) 16, 952 hectares
d) 16, 950 hectares

2. It refers to the declaration and enumeration of individual rights and privileges,

which the constitution guarantees and protects.

a) Preamble
b) Magna Carta
c) Human Rights
d) Bill of Rights

3. It is the kind of government where the executive is independent of the legislative as

to tenure, policies and acts. The chief executive is directly elected by the people.

a) De facto
b) De jure
c) Parliamentary
d) Presidential

4. It was the secret society established by Gat Andres Bonifacio for the purpose of
securing independence from the Spanish colonizers.

a) Himagsikan
b) Indios Bravos
c) Katipunan
d) La Liga Filipina

5. What is the revenue classification of the Municipality of Mawab?

a) 1st Class
b) 2nd Class
 c) 3rd Class
d) 4th Class

6. It is one of the lasting environmental impacts of a large-scale mining operation.

a) Air Pollution
b) Deforestation
c) Noise Pollution
d) Mine Tailings

7. The Manner of Creation of the Municipality of Mawab is Executive Order No. ____

a) 351
b) 352
c) 353
d) 354

8. It is the power of the State to expropriate private property for public use after
paying just compensation to the owner.

a) Confiscation
b) Eminent Domain
c) Police Power
d) Taxation

9. The Municipality of Mawab was created last ____________________.

a) August 14, 1958

b) August 16, 1958
c) August 14, 1959
d) August 16, 1959

10. How many Barangays are there in the Municipality of Mawab?

a) 9
b) 10
c) 11
d) 12

TEST II. PROBLEM SOLVING – MATHEMATICS

DIRECTION: Read each problem carefully and encircle the correct answer from the
choices.

11. Paula needs to have an average of 90 to keep her rank in the honor roll. If she
scored 86, 92, 89 and 88 on four tests, what should be her score on the next test?

a) 90
b) 92
c) 95
d) 96
12. The rate of interest on a principal of P 10, 000.00 that will yield P 80.00 in 65 days
is _________

a) 4.50%
b) 4.49%
c) 4.48%
d) 4.47%

13. If A does a job in 6 days and B does the same in 3 days, how long will it take the
two of them working together to do the job?

a) 1 day
b) 2 days
c) 3 days
d) 4 days

14. Eight students obtained the following scores in Mathematics test: 50, 42, 47, 42,
48, 45, 42, and 48. Find the Median.

a) 46
b) 45
c) 44
d) 43

15. The sum of 270 is to be divided among X, Y and Z according to the ratio 2: 3: 4,
respectively. How much will X receive?

a) 120
b) 100
c) 80
d) 60

16. A collection of 24 coins worth 25 cents, P 1.00 and P5.00 amounts to P 36.25. If
the number of P 1.00 coins is 3 more than thrice the number of P5.00 coins, how
many P 5.00 coins are there?

a) 2
b) 3
c) 4
d) 5

17. Karlo earned P 450.00 on Monday, P500.50 on Tuesday and P 385.70 on

Wednesday. He spent half of all that he had earned during the 3 days. How many
much did he had left?

a) P 668.50
b) P 668.20
c) P 668.40
d) P 668.10
18. The scale on the map shows that 2 cm represents 30 km of actual length. What is
the actual length of a road that is represented by 6 cm on the map?

a) 90 km
b) 100 km
c) 105 km
d) 110 km

19. A, B and C can do a job in 2 days. B can do it in 5 days, and C can do it in 4 days.
How long will it take A to do it all by himself?

a) 18
b) 20
c) 22
d) 24

20. 75 percent of what number is 18?

a) 20
b) 24
c) 28
d) 32

TEST III. VOCABULARY - ENGLISH

DIRECTION: Choose and encircle the best answer.

21. The dance group had a razzmatazz performance that gave them standing ovation.

a) cute
b) dazzling
c) energetic
d) wonderful

22. The family is still in lugubrious mode due to the death of a loved one.

a) Happy
b) Sad
c) Mournful
d) Gay

23. Typhoon Yolanda created a catastrophic experience not only to the people of
Tacloban but also to majority of Filipinos.

a) Sad
b) Unforgettable
c) Fatal
d) Symbolic

24. The construction firm built an impressive edifice near the beach.
 a) House
b) Fort
c) Building
d) Castle

25. Each one is unique. We have our own idiosyncrasies.

a) Values
b) Characteristics
c) Behavior
d) Plan

26. The subservient employee was given an award for his loyalty to the company.

a) Kind
b) Punctual
c) Obedient
d) Loyal

27. The applicant exemplified a bizarre character during the interview.

a) Odd
b) Kind
c) Cute
d) Simple

28. The beauty contestant won the heart of the judges despite her naïve character.

a) Sophisticated
b) Modern
c) Shy
d) Innocent

29. The birthday celebrant has chosen an impressive rendezvous for the party.

a) Area
b) Room
c) Place
d) Dress

30. The altercation between the two opponents was settled peacefully.

a) Disagreement
b) Meeting
c) Settlement
d) Friendship
TEST IV – LOGIC TEST
(Calculators are not allowed and are not considered necessary for this test.)

31. What letter should replace the question mark?

A B C E G J
M Q U Z E ?

32. Carol beats Peter at golf but loses to Colin. Jill usually wins against Peter,
occasionally against Carol but never against Colin. List the four players in order of
ability.

a. Colin is the strongest, followed by Carol, then Jill then Peter.

b. Carol is the strongest, followed by Colin, then Jill then Peter
c. Peter is the strongest, followed by Jill, then Carol then Colin
d. Jill is the strongest, followed by Peter, then Colin then Carol

33. Which group of letters is the odd one out?

EDKJ NMTS IHON TSYX POVU

34. Which is the odd one out?

35. What number comes next?

 3846721
4672183
7218364
?

TEST V – VERBAL V
36. Which two words are most opposite in meaning?
(commendable, plausible, banal, unlikely, receptive, offensive)

37. What is the meaning of assiduous?

a. living a strict life
b. forceful
c. persevering
d. ingenious
e. harsh or acidic

38. Which word in brackets is most similar in meaning to the word in capitals?
PENITENT
a. pervasive d. callous
b. apologetic e. invasive
c. impecunious

39. Only one set of five letters below can be arranged to spell out a five-letter English
word. Find the word.
BLEIT GNEUR
TONTE TIUNP
GNEUR HEMUT

39. Which word in brackets is most opposite to the word in capitals? IRRATIONAL
a. Concerned
b. Circumspect
c. Regular
d. Purposed
e. indelible

TEST VI - SPATIAL ABILITY TEST

Read the instructions to each question and study each set of diagrams carefully.
40.
Which set of circles comes next?

41.Which is the odd one out?

42.
Which is the missing tile?

43.

What comes next?

44.
 What comes next?

45. Which of the following is not a core financial statement?

a. The Income Statement

b. Statement of Cash Flows
c. The Trial Balance
d. The Balance Sheet
e.
46. The income statement, which presents the results of operations, can be prepared
in many forms including:

a. Single Step Income Statement

b. Condensed Income Statement
c. Common Sized Income Statement
d. All of the above

47. Which of the following account types increase by debits in double-entry

accounting?

a. Assets, Expenses, Losses

b. Assets, Revenue, Gains
c. Expenses, Liabilities, Losses
d. Gains, Expenses, Liabilitie

48. Which of the following is true?

a. Accounts receivable are found in the current asset section of a balance

sheet.
b. Accounts receivable increase by credits.
 c. Accounts receivable are generated when a customer makes payments.
d. Accounts receivable become more valuable over time.

49. A company that uses the cash basis of accounting will:

a. Record revenue when it is collected.

b. Record revenue when it is earned.
c. Record revenue at the same time as accounts receivable.
d. Record bad debt expense on the income statement.

50. What are the main sections on a balance sheet?

a. Assets, liabilities, income

b. Assets, liabilities, equity
c. Assets, liabilities, expenses
d. Assets, gains, revenue

51. How are a company’s financial statements used?

a. For internal analysis

b. For external negotiation
c. For compliance
d. All of the above

52. Which of the following scenarios increases accounts payable?

a. A customer fails to pay an invoice.

b. A supplier delivers raw materials on credit.
c. Office supplies are purchased with cash.
d. None of the above

53. Which of the following must a certified public accountant (CPA) have in-depth
knowledge of to pass the CPA licensing exam? (Check all that apply.)

a. Accounting software packages

b. Auditing
c. Derivatives
d. International banking laws

54. What is the result of the following transaction for Company A? Company A’s
customer is unable to pay for a previous credit sale in accordance with Company A’s
90-day payment terms. The customer makes a promissory note to Company A that
extends payment over a 24-month term including 5% interest.

a. No result because the customer didn’t pay.

b. Accounts receivable increases because of the interest.
 c. A note receivable is recorded in non-current assets.
d. Company A records the loan as a liability.

55. When are liabilities recorded under the accrual basis of accounting?

a. When incurred
b. When paid
c. At the end of the fiscal year
d. When bank accounts are reconciled

56. Which is true about time in accounting?

a. Current liabilities are debts payable within 2 years.

b. Balance sheets reflect a company’s financial position at a certain point in
time.
c. The time value of money is a finance concept, not relevant in accounting.
d. Accounts receivable are more easily collected as time passes.

57. When a company purchases property, plant, and equipment, how is it reflected on
the statement of cash flows?

a. As a source of cash in the "cash from investing activities" section

b. As a source of cash in the "cash from financing activities" section.
c. As a use of cash in the "cash from investing activities" section.
d. As a use of cash in the "cash from operating activities" section.

58. Which accounts are associated with cost of goods sold?

a. Accrued interest
b. Depreciation
c. Dividends
d. Inventory

59. Which organizations are involved in development of US Generally Accepted

Accounting Principles (GAAP)? (Check all that apply.)

a. Financial Accounting Standards Board (FASB)

b. Government Accounting Standards Board (GASB)
c. Securities and Exchange Commission (SEC)
d. Federal Accounting Standards Advisory Board (FASAB)

60. Which inventory valuation method reflects the most current market value for
inventory on hand?

a. Last-in-First-Out (LIFO)
b. Average Costs
 c. First-in-First-Out (FIFO)
d. Specific Identification

61. Which of the following statements is not true about intercompany accounting?

a. Intercompany transactions are between two units within the same legal
entity.
b. Intercompany transactions are eliminated in consolidated parent
financial statements.
c. They can significantly impact taxes.
d. Intercompany transactions are between different legal entities under the
same parent control.

62. Which is the method of depreciation used for US tax returns that is not GAAP-
compliant?

a. Straight-line method
b. Modified accelerated cost recovery systems
c. Double-declining balance method
d. Units of production method

63. What is the most-used method to amortize intangible assets on a company’s

financial statements?

a. Straight-line method
b. Sum of the years’ digits method
c. Double-declining balance method
d. Units of production method

64. Which financial statement is a report of a company’s revenues and expenses

during a certain time period?

a. Statement of Changes in Equity

b. Income Statement
c. Statement Of Cash Flows

65. Which side of the ledger account are debits recorded on?

a. Left
b. Right
c. Depends on the debit

66. Are assets on the balance sheet recorded at their estimated fair market value?

a. Yes
b. No
 c. Sometimes; it’s situational

67. Increasing an asset involves crediting the account.

a. True
b. False

68. Unearned revenues are recorded on a company’s balance sheet under which kind
of account?

a. Current asset
b. Owners’ or stockholders’ equity
c. Non-current asset
d. Liability

69. What is the minimum number of accounts that accounting entries can have?

a. One
b. Four
c. Five
d. Two

70. The listing of all the financial accounts within a company’s general ledger is called
the _____.

a. Chart of accounts
b. Journal entry
c. Balance sheet
d. P&L statement

71. Which is not classified as a current asset?

a. Cash
b. Product inventory
c. Liquid assets
d. Prepaid liabilities
e. Property

72. Which formula is used to calculate operating income?

a. Revenue + Direct Operating Cost = Operating Income

b. Indirect Operating Cost - Revenue = Operating Income
c. Gross Income - Operating Expenses = Operating Income
d. Gross Profit - Indirect Operating Cost = Operating Income

73. Which of these statements about accrual accounting is true?

 a. Revenue is recorded only when payments are received, while expenses
are recognized when they're incurred.
b. All revenue from prepayments should be recognized when the payment is
received, while expenses accrue over the life of the obligation.
c. If the business has provided the goods or services and can reasonably
expect to receive cash, it can recognize the revenue in that period.
d. The matching principle dictates that expenses should be recognized
when they are incurred, regardless of when revenue is recognized.

74. In a journal entry, a debit decreases which of the following accounts?

a. Cash
b. Accounts Payable
c. Supplies Expense
d. Both a and c

75. Which describes the double-declining balance depreciation method?

a. Estimated salvage value is greater at the end of the assets’ useful life
than with straight-line depreciation.
b. It yields reports of higher income in the early years and lower income
later on.
c. This method decreases the useful life of the asset and disposal costs by
half.
d. The depreciation expense is larger in the first few years and gets smaller
as time goes on.

76. Which one of these WILL NOT yield earnings before interest and taxes (EBIT)?

a. Revenue - Cost of goods sold - Operating expenses

b. Net income + Tax expense + Interest expense
c. Sales + Taxes + Interest
d. Gross profit - Operating expenses

77. What effect will the purchase of treasury stock have on total stockholders’ equity?

a. Increase.
b. Decrease.
c. No effect.
d. Cannot determine from the information given.

78. If Saphire Corporation has 80,000 shares of common stock authorized, 50,000
shares of common stock issued, and holds 4,000 shares of common stock as treasury
stock, the total number of outstanding common shares is
 a. 34,000.
b. 76,000.
c. 46,000.
d. 30,000.

79. A business purchased equipment for ₱10,000 but deliberately reported it as

₱100,000. Which of the following principles is most likely not violated?

a. Faithful representation
b. Free from error
c. Historical cost
d. Materiality

80. Which of the following relates to the concept of consistency?

a. Treating the business as a separate entity from its owner.

b. Recording sales revenue when a sale occurs rather than when the sale price
is collected.
c. Measuring assets at their acquisition cost.
d. Using the same accounting treatment for similar items from period to period.

81. Which of the following is an application of the concept of prudence or

conservatism?

a. Choosing a potentially unfavorable outcome over a potentially favorable one.

b. Choosing a potentially favorable outcome over a potentially unfavorable one.
c. Deliberately understating assets and income and deliberately overstating
liabilities and expenses.
d. Doing nothing in cases of uncertainty.

82. The cost of providing or using information should not exceed the information’s
usefulness.

a. Materiality
b. Cost-benefit or Cost constraint
c. Going concern
d. Relevance

83. Under this concept, some costs are initially recognized as assets and recognized
only as expenses when the related revenue is recognized.

a. Separate entity concept

b. Historical cost concept
c. Going concern
d. Matching principle
84. Businesses are required by law to file tax returns with this government agency.

a. Security and Exchange Commission

b. Bureau of Internal Revenue
c. Cooperative Development Authority
d. Bangko Sentralng Pilipinas

85. The accounting standards that are currently used in the Philippines are referred to
as the

a. Philippine Financial Reporting Standards (PFRS).

b. Philippine GAAP.
c. Filipino Accounting Standards (FAS).
d. Juan’s GAAP.

86. The usefulness of information is assessed in terms of its

a. qualitative characteristics.
b. verifiability.
c. timeliness.
d. size.

87. Which of the following is one of the fundamental qualitative characteristics?

a. Comparability
b. Relevance
c. Timeliness
d. Verifiability

88. Which of the following is correct concerning the qualitative characteristics?

a. Free from error means the information contained in the financial statements
is perfectly accurate in all respects.
b. Neutrality means information is selected or presented with bias to increase
the probability that the information will be received favorably by the users.
c. Information that is not capable of affecting the decisions of users is
considered irrelevant.
d. The enhancing qualitative characteristics can convert non-useful information
to useful

89. The Standards used in the Philippines are patterned from

a. U.S. GAAP.
b. Spanish Standards.
c. Japanese Financial Reporting Standards
 d. international standards, called the International Financial Reporting
Standards (IFRS)issued by the International Accounting Standards Board
(IASB) which is based in the U.K.

90. Which of the following terms may not refer to the logical notions and procedures
that guide the accountant in recording and communicating financial information?

a. Accounting concepts
b. Accounting principles
c. Accounting standards
d. Accounting laws and regulations

91-95. If you will be hired in the Local Government Unit of Mawab, what can you
contribute to the progress of the different programs in the Municipality?

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96-100. How can you help in attaining the Vision and Mission of the Local
Government Unit of Mawab?

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