Quiz Number 3

22/09/2022, 18:35 QUIZ NUMBER 3
QUIZ NUMBER 3 Total points 41/50
MULTIPLE CHOICE
Direction: Read each question/statement carefully, and then select the BEST ANSWER that
fits the question.
NAME (Last Name, First Name, Middle Name)

*
ESPANA, CRIZZA MAE, PASCUA
Email Address (clsu2.edu.ph)

*
espana.crizza@clsu2.edu.ph
Course, Year & Section (BSMA 3-X) / (BSAC 3-X)

*
BSMA 3-2
The
amount of penalty for any failure to file information return is 1/1
500 for each failure to file return
1,000 for each failure to file return
https://docs.google.com/forms/d/e/1FAIpQLScC1nAn6I-YeFfxhmDERN30BGVrKJfp-ShvcRrTwqeolF01jQ/viewscore?viewscore=AE0zAgAX-KCV9qv… 1/23
22/09/2022, 18:35 QUIZ NUMBER 3
Failure to file any return and pay the tax due as required by NIRC or rules 1/1
and regulations on the date prescribed has a penalty equivalent to
______________ of the amount due.
20%
25%
30%
40%
A person who sells unmarked fuel in commercial quantity held

for 1/1
domestic use shall, upon conviction, be fined, for the third offense, of
1,000,000 and revocation of license to engage in any trade
The Republic Act No. 10863, otherwise known as the 1/1
Customs Management and Tariff Act
Customs Management and Tax Act

22/09/2022, 18:35 QUIZ NUMBER 3
Customs Management and Tax Act
Customs Modernization and Tariff Act
Customs Modernization and Tax Act
If the person convicted for violation of any of the provisions of this Code 1/1
has no property with which to meet the fine imposed upon him by the
court, or is unable to pay such fine, he shall be subject to a subsidiary
personal liability at the rate of one (1) day for each _________ subject to the
rules established in Article 39 of the Revised Penal Code.
P5.50
P8.50
P10.00
P10.50
These regulations are promulgated to implement Sections 76,77,78,79 and 1/1

80 of RA 10963
Revenue Regulations No. 13-2021
22/09/2022, 18:35 QUIZ NUMBER 3
In case of willful neglect to file the return within the period prescribed by 1/1
NIRC or by rules and regulations the penalty to be imposed shall be
________________ of the tax or of the deficiency tax
20%
30%
40%
50%
Any person who ships, transports or removes spirituous, compounded or 0/1

fermented liquors, wines or any manufactured products of tobacco under
any other than the proper name or brand known to the trade as designating
the kind and quality of the contents of the cask, bottle or package
containing the same or as an imitation of any existing or otherwise known
product name or brand or causes such act to be done, shall, upon
conviction for each act or omission, be punished by a fine of
not less than ₱1,500,000.00 but not more than ₱15,000,000.00
not less than ₱10,000.00 but not more than ₱12,000.00
Correct answer
22/09/2022, 18:35 QUIZ NUMBER 3
A person who prints other fraudulent receipts or sales or commercial 1/1

invoices shall be penalized with a fine of
not less than ₱500,000.00 but not more than ₱10,000,000.00
A person who knowingly undertakes the collection of foreign payments as 1/1

provided under Section 67 of NIRC without having obtained a license
therefor, or without complying with its implementing rules and regulations,
shall, upon conviction for each act or omission, be punished by
imprisonment of
not less than 6 months but not more than 2 years
not less than 1 year but not more than 2 years
not less than 6 years but not more than 12 years
not less than 6 years and 1 day but not more than 12 years
22/09/2022, 18:35 QUIZ NUMBER 3
Any person who ships, transports or removes spirituous, compounded or 1/1

fermented liquors, wines or any manufactured products of tobacco under
any other than the proper name or brand known to the trade as designating
the kind and quality of the contents of the cask, bottle or package
containing the same or as an imitation of any existing or otherwise known
product name or brand or causes such act to be done, shall, upon
conviction for each act or omission, be punished by imprisonment of
Any person who is licensed, authorized or accredited under the Act and its 1/1
implementing rules to conduct fuel tests, who issues false or fraudulent
fuel test results knowingly, willfully, or through gross negligence, shall
suffer the additional penalty of imprisonment ranging from
one (1) year to two (2) years
two (2) year and one (1) day to four (4) years and six (6) months.
one (1) year and one (1) day to two (2) years and six (6) months.
six (6) year and one (1) day to twelve (12) years and six (6) months.
22/09/2022, 18:35 QUIZ NUMBER 3
A person who commits giving away or accepting from another, or selling, 0/1
buying or using containers on which the stamps are not completely
destroyed, upon conviction, be punished by imprisonment of
Correct answer
A person who prints double or multiple sets of receipts or invoices shall be 0/1
penalized with a fine of
Correct answer
22/09/2022, 18:35 QUIZ NUMBER 3
Any person who fails to surrender property placed under distraint and levy, 1/1
upon conviction for each act, be punished by a fine of
not less than ₱500.00
not less than ₱1,000.00
A person who knowingly undertakes the collection of foreign payments as 1/1

provided under Section 67 of NIRC without having obtained a license
therefor, or without complying with its implementing rules and regulations,
shall, upon conviction for each act or omission, be punished by
imprisonment of
22/09/2022, 18:35 QUIZ NUMBER 3
A taxpayer who is required to transmit sales data to the Bureau's electronic 1/1
sales reporting system but fails to do so, shall pay for each day of violation,
a penalty amounting to ______
(1/10 of 1%) of the annual net income as reflected in the taxpayer’s audited
financial statement for the second year preceding the current taxable year for each
day of violation or Ten thousand pesos (P10,000), whichever is lower
financial statement for the second year preceding the current taxable year for
each day of violation or Ten thousand pesos (P10,000), whichever is higher
day of violation or Ten thousand pesos (P10,000), whichever is lower
day of violation or Ten thousand pesos (P10,000), whichever is higher
Any person who fails to surrender property placed under distraint and levy, 1/1
upon conviction for each act, be punished by imprisonment of
not less than 6 months and 1 day but not more than 2 years
not less than 8 months and 1 day but not more than 4 years
22/09/2022, 18:35 QUIZ NUMBER 3
The cash rewards of informers shall be subject to final withholding tax at a 1/1
rate of
10%
15%
25%
50%
What amount shall be given to person/s instrumental in the discovery and 1/1
seizure of smuggled goods?
25% of the fair market value of the smuggled and confiscated goods or One Million
Pesos per case, whichever is lower
Pesos per case, whichever is higher
Pesos per case, whichever is higher
10% of the fair market value of the smuggled and confiscated goods or One
Million Pesos per case, whichever is lower
https://docs.google.com/forms/d/e/1FAIpQLScC1nAn6I-YeFfxhmDERN30BGVrKJfp-ShvcRrTwqeolF01jQ/viewscore?viewscore=AE0zAgAX-KCV9q… 10/23
22/09/2022, 18:35 QUIZ NUMBER 3
A person who commits giving away or accepting from another, or selling, 1/1
buying or using containers on which the stamps are not completely
destroyed, upon conviction, be punished by a fine of
A person who commits possessing false, counterfeit, restored or altered 1/1

stamps, labels or tags or causing the commission of any such offense by
another , upon conviction, be punished by a fine of
Any person who commits making, importing, selling using or possessing 1/1
counterfeit fuel markers, upon conviction, be punished by imprisonment of

22/09/2022, 18:35 QUIZ NUMBER 3
A
person who attempts to evade tax under NIRC shall be punished by a fine 1/1
of
not less than 30,000 but not more than 100,000
not less than 100,000 but not more than 1,000,000
A
government employee who is guilty of willfully neglecting to give receipts 0/1
for
any sum collected in the performance of duty, upon conviction, be
punished by a
fine of
Correct answer
22/09/2022, 18:35 QUIZ NUMBER 3
A person who fails to remit and withheld taxes on the compensation at the 1/1
time
required by law shall be fined
not less than 5,000
not less than 10,000
All
violations of a provision of NIRC shall prescribe after
1/1
1 year
3 years
5 years
10 years
A person who prints other fraudulent receipts or sales or commercial 1/1

invoices shall be penalized with imprisonment of

22/09/2022, 18:35 QUIZ NUMBER 3
y y
A person who is convicted of tax evasion may be imprisoned

for 1/1
A
person who refuses to issue receipts or sales invoices shall be punished 1/1
by a
fine of
not less than 500 but not more than 10,000
Unlawful
use of denatured alcohol has a fine of
1/1
22/09/2022, 18:35 QUIZ NUMBER 3
Penalties
for offenses related to fuel marking are in addition to penalties 0/1
imposed under
NIRC, as amended, Section 1401 of Republic Act No.
10963
10173
10175
10863
Correct answer
10863
A person who commits possessing false, counterfeit, restored or altered 1/1

stamps, labels or tags or causing the commission of any such offense by
another , upon conviction, be punished by imprisonment of
22/09/2022, 18:35 QUIZ NUMBER 3
Any person who commits making, importing, selling using or possessing 1/1
counterfeit fuel markers, upon conviction, be punished by a fine of
The
fine for violation of a regulation of the Department of Finance for 1/1
which no
penalty is provided by law is
not more than P500
not more than P1,000
not more than P5,000
not more than 10,000
A
person who used sales suppression devices which prevented electronic 1/1
records to
avoid tax payments has a fine of
P50,000 to P1,000,000
P100,000 to P1,000,000
22/09/2022, 18:35 QUIZ NUMBER 3
P500,000 to 10,000,000
P1,000,000 to 10,000,000
A person,
who is being summoned to furnish information as required under 1/1
pertinent
provisions of NIRC, neglects to furnish such information shall,
upon
conviction, be punished by a fine of
I. Failure to pay and display annual registration fee has a

compromise of 1/1
P20,000.
II. Procuring
unlawful divulgence of confidential information regarding
income of any
taxpayer cannot be compromised because it is against
public policy.
I is true; II is false
I is false; II is true
I and II are true
I and II are false
22/09/2022, 18:35 QUIZ NUMBER 3
Using
any dye for printing stamps or or playing cards has a fine of
0/1
not less than 10,000,000 but not more than 500,000,000
Correct answer
I. Unlawful removal of untaxed articles subject to excise

tax from the place 1/1
of production cannot be compromised because it involves
fraud.
II. Will attempt

to evade tax under NIRC cannot be compromised because it
involves fraud.
I and II are true
I and III are false
22/09/2022, 18:35 QUIZ NUMBER 3
A
corporation liable for acts or omissions penalized under NIRC shall, upon 1/1
conviction, for each act or omission, be punished by a fine of
Possession
of cigarette paper in bobbins without authority issued by the 0/1
commissioner,
shall, upon conviction, for each act or omission, be
punished by a fine of
Correct answer
22/09/2022, 18:35 QUIZ NUMBER 3
An employee
of BIR who is guilty of extortion shall, upon conviction, suffer 1/1
imprisonment
of
Any
official who fails to issue warrant of distraint or levy within _____ after 1/1
the
expiration of the time prescribed shall be automatically dismissed from
service
after due notice and hearing.
10 days
15 days
30 days
60 days
The
fine for importing fuel markers without express authority 1/1
500,000 but not more than 1,000,000
1,000,000 but not more than 3,000,000
22/09/2022, 18:35 QUIZ NUMBER 3
1,000,000 but not more than 5,000,000
5,000,000 but not more than 10,000,000
A person who prints double or multiple sets of receipts or invoices shall be 0/1
penalized with imprisonment of
Correct answer
The
amount of compromise for failure to preserve records required by law 1/1
if gross
annual sales exceeds 500,000 but not exceed 5,000,000
30,000
10,000
15,000
20,000
22/09/2022, 18:35 QUIZ NUMBER 3
Any
person who attempts to make it appear that he has in fact filed a 1/1
return and
subsequently withdraws the same return after securing the
official receiving
seal or stamp of receipt of internal revenue office wherein
the same was
actually filed shall, upon conviction, suffer imprisonment of
I. Property of common carriers shall not be subject to

forfeiture when used 0/1
in the transaction of their business.
II. A person
receiving cash rewards as a result of the recovery of
surcharges leading to
discovery of frauds shall be subject to tax.
I and II are true
I and II are false
Correct answer
I and II are true
22/09/2022, 18:35 QUIZ NUMBER 3
A
person who sells vapor products at a price lower than combined excise 1/1
and VAT
shall suffer imprisonment of
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22/09/2022, 18:35 QUIZ NUMBER 3

QUIZ NUMBER 3 Total points 41/50

NAME (Last Name, First Name, Middle Name)

ESPANA, CRIZZA MAE, PASCUA

Email Address (clsu2.edu.ph)

Course, Year & Section (BSMA 3-X) / (BSAC 3-X)

500 for each failure to file return

1,000 for each failure to file return

5,000 for each failure to file return

10,000 for each failure to file return

A person who sells unmarked fuel in commercial quantity held

1,000,000 and revocation of license to engage in any trade

5,000,000 and revocation of license to engage in any trade

10,000,000 and revocation of license to engage in any trade

50,000,000 and revocation of license to engage in any trade

The Republic Act No. 10863, otherwise known as the 1/1

Customs Management and Tariff Act

Customs Management and Tax Act

Customs Modernization and Tariff Act

Customs Modernization and Tax Act

These regulations are promulgated to implement Sections 76,77,78,79 and 1/1

Revenue Regulations No. 13-2021

Revenue Regulations No. 07-2015

Revenue Regulations No. 21-2013

Revenue Regulations No. 21-2020

Any person who ships, transports or removes spirituous, compounded or 0/1

not less than ₱1,500,000.00 but not more than ₱15,000,000.00

not less than ₱10,000.00 but not more than ₱12,000.00

not less than ₱20,000.00 but not more than ₱50,000.00

not less than ₱20,000.00 but not more than ₱100,000.00

not less than ₱1,500,000.00 but not more than ₱15,000,000.00

A person who prints other fraudulent receipts or sales or commercial 1/1

not less than ₱1,000.00 but not more than ₱50,000.00

not less than ₱500,000.00 but not more than ₱10,000,000.00

not less than ₱50,000.00 but not more than ₱1,000,000.00

not less than ₱10,000.00 but not more than ₱500,000.00

A person who knowingly undertakes the collection of foreign payments as 1/1

not less than 6 months but not more than 2 years

not less than 1 year but not more than 2 years

not less than 6 years but not more than 12 years

Any person who ships, transports or removes spirituous, compounded or 1/1

not less than 6 years but not more than 12 years

not less than 1 year but not more than 2 years

not less than 5 years but not more than 8 years

one (1) year to two (2) years

not less than 6 years but not more than 12 years

not less than 5 years but not more than 8 years

not less than 2 years but not more than 4 years

not less than 5 years but not more than 8 years

not less than ₱1,000.00 but not more than ₱50,000.00

not less than ₱50,000.00 but not more than ₱1,000,000.00

not less than ₱10,000.00 but not more than ₱500,000.00

not less than ₱500,000.00 but not more than ₱10,000,000.00

not less than ₱500,000.00 but not more than ₱10,000,000.00

not less than ₱500.00

not less than ₱1,000.00

not less than ₱5,000.00

not less than ₱10,000.00