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According to the law, statement of affairs must be filed -------
A) annually
B) once in two years
C) bi-annually
D) once in five years
ANSWER: C
An oral agreement will suffice for anyone that a church want to deal with
A) yes
B) No
C) it makes no difference
ANSWER: B
Any agreement entered into in the name of the pastor is -----
A) valid
B) invalid
C) standard
ANSWER: B
Any church that is not registered is ---------
A) perfectly in order
B) not recognized under the law
C) governed by the rules of PFN & CAN
D) is obeying the bible
ANSWER: B
Appointment of trustees must be in --------
A) state secretariat
B) the high court
C) a general meeting
ANSWER: C
Can the General overseer of a church be sued for any matter pertaining to a church that is registered?
A) Yes
B) No
C) correct
ANSWER: B
Capital gain tax is deducted when ---------
A) assets are sold
B) contracts are awarded
C) honorarium comes in
ANSWER: A
Evidences of financial transactions like invoices/receipts must be ---------
A) disposed as soon as the transaction is completed
B) kept for as long as six years or more
C) pasted on the notice board in the premises
ANSWER: B
For a registered church only the –------can be sued in case of any default
A) the Founder or Set Man
B) the Resident Pastor
C) the Senior Pastor & the legal adviser d. the Board of Trustees
ANSWER:
For any change that a church would effect in the constitution of the church after registration, necessary documents must be filed at----------
A) the Corporate Affairs Commission
B) the Christian Association of the Community
C) the meeting of the Pastors
D) the meeting of the Auditors
ANSWER: A
Freedom of association is guaranteed under section---------of the constitution of the federal republic of Nigeria
A) 1
B) 20
C) 40
ANSWER: C
From where is consent sought to use a name for registration purpose?
A) The President of the federal republic of Nigeria
B) The state High Court Judge
C) The court Registrar
D) The corporate affairs commission
ANSWER: D
In Nigeria, the operations of the church are governed by –------
A) the Evidence Act
B) the Civil Procedure Act
C) Company Income Act
D) The Companies and Allied Matters Act
ANSWER: D
In the event of dissolution, the properties and money of any not for profit organization should be ------
A) transferred to the pastor
B) transferred to corporate affairs commission
C) transferred to an organization with similar objective
ANSWER: C
Law is social engineering says----------------
A) the Director of corporate affairs commission
B) Nelson Mandela
C) Nathan Roscoe Pound
ANSWER: C
Law is – -----------
A) a set of rules
B) Slavery
C) anti-human
D) bondage
ANSWER: A
One major purpose of the law is to----------------
A) enslave
B) put in bondage
C) regulate people’s behavior
ANSWER: C
One of the key professionals needed in church operation is-------
A) caterer
B) security officer
C) accountant
ANSWER: C
PAYE of employees of the church must be -------
A) remitted to the minister in charge
B) saved in a good bank
C) remitted to appropriate authority
ANSWER: C
Publication requirement for church registration was abolished in CAMA 2020.
A) False
B) true
C) correct
ANSWER: A
Romans 13:3-7 admonish us to stay away from government authorities
A) Incorrect
B) correct
C) true
ANSWER: A
SCUML (special control unit against money laundering) certificate is not required for a church
A) correct
B) incorrect
C) it is optional
ANSWER: B
Some of the implications of non-compliance with the law are
A) award & fame
B) fines & penalties
C) a&b
ANSWER: B
Taxable transactions for a church include----------
A) PAYE and Honorarium
B) offerings and tithes
C) gifts and offerings
D) donations and gifts
ANSWER: A
The address of a church under the law must be-----
A) locatable
B) fanciful
C) debatable
ANSWER: A
The Charity Act is applicable in -------------
A) United states of America
B) United Kingdom
C) Nigeria
ANSWER: B
The church under the law is categorized as—-------
A) a private company limited by guarantee
B) not for profit public company
C) not for profit venture
D) not for profit organization
ANSWER: D
The General Overseer or pastor can change the name of a church without contacting the Corporate Affairs commission............
A) True
B) Exactly
C) Incorrect
D) Depending on his age
ANSWER: C
The Government of each state want the church to be—-------
A) transparent & accountable
B) molested
C) persecuted & frustrated
D) irresponsible
ANSWER: A
The law is for ---------------
A) corruption
B) abuse
C) deterrence
D) war
ANSWER: C
The law is meant to curb people’s excesses in the society.
A) true
B) false
C) incorrect
ANSWER: A
The law that governs the operations of the church –------
A) is the same globally
B) is different from town to town
C) varies from country to country
D) varies from one denomination to another
ANSWER: C
The principle of tax exemption for churches is not------
A) verified
B) confirmed
C) absolute
D) biblical
ANSWER: C
The procedure for name search when registering a church in CAMA 1990 and CAMA 2020 is the same
A) absolutely
B) not the same
C) very true
ANSWER: B
The process of deregistering a church from the CAC is referred to as
A) augmentation
B) dissolution
C) folding up
ANSWER: B
The rules containing the principles and policies of the church on different matters in detail is called---------
A) the foundational manual
B) the believers handbook
C) the holy ordinance
D) the Bylaws
ANSWER: D
The special clause states that---------
A) tax exemption is not absolute
B) tax must not be evaded
C) the board of trustees are not entitled to profits
ANSWER: C
The tax paid on commercial activities in church is-------
A) capital gain tax
B) income tax
C) PAYE
ANSWER: B
The trustees must possess either ------ for registration
A) an office ID card or tax certificate
B) a bill of laden or birth certificate
C) an international passport or national ID card
ANSWER: C
The trustees to be appointed must not be less than------
A) 3
B) 2
C) 5
ANSWER: B
The two grounds for the government to interfere in the affairs of a church are--------
A) misconduct and mismanagement
B) proper auditing and return filing
C) record keeping and return filing
D) running with the aims/ objectives and filing statement of affairs
ANSWER: A
There is nothing like annual general meeting for a church operation.................
A) Incorrect
B) Correct
C) Not required
D) It happens only when the pastors feel like
ANSWER: A
TIN (Tax identification number) is relevant to make filings at-------
A) Corporate Affairs Commission
B) Economic and financial control commission
C) Federal Inland Revenue Service
ANSWER: C
To amend a church constitution after registration
A) just call the CAC DG
B) mail the tax officer
C) file application to CAC
ANSWER: C
Trustees share profit at the end of every financial year in a church............
A) Correct
B) Incorrect
C) Depending on the proceeds
D) Depending on position
ANSWER: B
Under the law, the Trustees are entitled to ----------
A) dividend
B) salary
C) loans
D) no salary except a refund of monies spent in the course of carrying out the duties of the church
ANSWER: D
Value added tax is not paid on goods of the church--------
A) untrue
B) true
C) once in a while
ANSWER: A
Where do you obtain SCUML certificate from?
A) EFCC office
B) FIRS
C) Governor’s office
ANSWER: A
Whose name will appear on the certificate of incorporation of a church..................
A) The pastor's
B) The youth leader's
C) The general overseer's
D) The trustees
ANSWER: D
Withholding tax is relevant when ------------
A) dealing with contractors
B) dealing with the ministers
C) dealing with church employees
ANSWER: A