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Exam (elaborations)

Pcab-Amo Test Questions With 100% Correct Answers!!

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PCAB-AMO TEST QUESTIONS WITH 100% CORRECT ANSWERS!!

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PCAB-AMO TEST
QUESTIONS
WITH 100%
CORRECT
ANSWERS!!
Evatee 8/13/24 PCAB-AMO

, PCAB-AMO TEST QUESTIONS WITH 100%
CORRECT ANSWERS!!



When is the deadline for filing of Income Tax Returns? Answer - Every 15th of
April


Can one engage in construction contracting without license? Answer - No


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


What is a Regular License? 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? Answer - Every 30th of
June


What is the maximum foreign equity to qualify for Regular License? Answer -
Forty (40%) percent


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


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

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