Question 1
Under the Revised Corporation Code of the Philippines (RA 11232), which right allows an existing stockholder to subscribe to new shares issued by the corporation in proportion to their current holdings before they are offered to the public?
Correct Answer:
Preemptive right
Question 2
What class of shares is created primarily for the purpose of granting exclusive voting rights to the organizers of a Philippine corporation for a limited period not exceeding five years?
Correct Answer:
Founder's shares
Question 3
In the Philippine capital markets, which of the following is an open-end investment company that continuously issues and redeems its shares at Net Asset Value Per Share (NAVPS)?
Correct Answer:
Mutual fund
Question 4
Under the Real Estate Investment Trust (REIT) Act of 2009 (RA 9856) of the Philippines, what minimum percentage of its distributable income must a REIT distribute as dividends to its shareholders annually?
Correct Answer:
90%
Question 5
Which of the following yields is calculated by dividing the annual coupon payment of a bond by its current market price?
Correct Answer:
Current yield
Question 1
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Prepare with the SEC Phase 1 Practice Questions - SEC Certification Examination Phase 1 (General) Exam practice quiz. This question bank includes 100 questions covering corporation, philippines, code, philippine, and corporate. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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SEC Phase 1 Practice Questions - SEC Certification Examination Phase 1 (General) Exam

This practice set contains 100 questions from the matching question bank and focuses on corporation, philippines, code, philippine, and corporate. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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