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PCAB-AMO TEST QUESTIONS WITH COMPLETE SOLUTIONS

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PCAB-AMO TEST QUESTIONS WITH COMPLETE SOLUTIONS

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PCAB-AMO TEST QUESTIONS WITH
COMPLETE SOLUTIONS

When |is |the |deadline |for |filing |of |Income |Tax |Returns? |- |CORRECT |ANSWER✔✔-Every |15th |of |
April



Can |one |engage |in |construction |contracting |without |license? |- |CORRECT |ANSWER✔✔-No



What |are |the |two |(2) |laws |that |govern |the |licensing |of |Contractors? |- |CORRECT |ANSWER✔✔-
RA |4566 |& |PD |1746



What |is |a |Regular |License? |- |CORRECT |ANSWER✔✔-Is |a |license |issued |to |Sole |Proprietor |or |
Partnership |or |Corporation |type |of |Firm |with |60% |Filipino |equity.



What |is |the |expiration |date |of |a |Contractors' |License? |- |CORRECT |ANSWER✔✔-Every |30th |of |
June



What |is |the |maximum |foreign |equity |to |qualify |for |Regular |License? |- |CORRECT |ANSWER✔✔-
Forty |(40%) |percent



What |is |the |minimum |number |of |years |of |experience |in |the |construction |industry |required |for
|a |nominated |AMO? |- |CORRECT |ANSWER✔✔-Two |(2) |Years




What |is |the |Filipino |equity |participation |required |for |a |construction |firm |to |be |registered |for |
government |projects? |- |CORRECT |ANSWER✔✔-Seventy |Five |(75%) |percent

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