Nfjpiar3 1314 RMYC IRR No. 9 Regional Academic League

8/14/2019 Nfjpiar3 1314 RMYC IRR No. 9 Regional Academic League

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Implementing Rules and Regulations Academic Events in the 17 thRegional Midyear Convention Page 1 of 13National Federation of Junior Philippine Institute of Accountants Region III Council

NATIONAL FEDERATION OF JUNIOR PHILIPPINE INSTITUTE OF ACCOUNTANTS

REGION III COUNCILFederation Year 2013 2014

THE ORGANIZATION OF ACCOUNTANCY STUDENTS IN CENTRAL LUZON

R3: Reaching Greater Heights Celebrating Three Decades of

Unif in and Em owerin the JPIAn S irit

IMPLEMENTING RULES AND REGULATIONS

IN THE CONDUCT OF THEACADEMIC EVENTS IN THE

17th REGIONAL MID YEAR CONVENTION

REVISION HISTORY:

Version No. Date Revised By Approved By Noted By Details

1 5/03/2012 Nio Jerald M. Cruz Matthew U. Gopez Conrad Allan M. Alviz Initial Issue

2 5/18/2013 Francis Xaiver W. Ferrer Zheena E. Ocampo Conrad Allan M. Alviz


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TABLE OF CONTENTS

BACKGROUND .................................................................................................................................................................. 3

OBJECTIVES ....................................................................................................................................................................... 3

GENERAL GUIDELINES ................................................................................................................................................... 3

COVERAGE AND ELIGIBILITY ....................................................................................................................................... 4

QUALIFICATIONS ............................................................................................................................................................. 5

REQUIREMENTS ............................................................................................................................................................... 5

ACADEMIC QUIZ BEES ....................... ......................... .......................... ......................... ........................... ...................... 6

CONTEST RULES AND MECHANICS ......................................................................................................................... 6

GENERAL .................................................................................................................................................................... 6

QUALIFYING ROUND ............................................................................................................................................... 6

ELIMINATION ROUND ............................................................................................................................................ 7

FINAL ROUND NFJPIA-R3 PYRAMID.......................... .......................... ......................... .......................... ......... 7

DETERMINATION OF TOP THREE FINALISTS ........................ .......................... ......................... ........................... .... 9

NFJPIA-R3 1stMAS CASE STUDY COMPETITION ........................ .......................... .......................... ......................... . 9

CONTEST RULES AND MECHANICS ......................................................................................................................... 9

GENERAL .................................................................................................................................................................... 9

PRELIMINARY ROUND ......................................................................................................................................... 10

ORAL DEFENSE ...................................................................................................................................................... 11

POINTING SYSTEM OF ACADEMIC EVENTS TO DETERMINE THE OVERALL RANKING ......................... ..... 11

REVOLVING CUP ........................................................................................................................................................... 11

CAT REVOLVING CUP ............................................................................................................................................... 12SGV & Co. REVOLVING CUP ........................ .......................... ......................... .......................... ........................... ..... 12

ENFORCEMENT OF THE IMPLEMENTING RULES AND REGULATIONS ................................ .......................... . 12

AMENDMENTS OR REVISIONS .......................... .......................... .......................... ......................... .......................... .. 12

SEPARABILITY CLAUSE ............................................................................................................................................... 12

REPEALING CLAUSE ..................................................................................................................................................... 12

EFFECTIVITY .................................................................................................................................................................. 12


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BACKGROUND

NFJPIA-R3 Council aims to promote academic excellence by adopting measures to foster educational advancement

inthe field of Accountancy as stated in the Section 2, Article IV of the 2012 Constitution and By-Laws of the National

Federation of Junior Philippine Institute of Accountants Region 3. The Academic Events in the 17th Regional Mid Year

Convention (RMYC), which exist to complement the academic curriculum, is open to all Local Chapters across the

region and are designed to motivate students as they acquire higher levels of knowledge. Moreover, this event will

help the organization in its search for outstanding academic performers, who will represent the Region on National

Conventions in which NFJPIA-R3 is an active participant.

OBJECTIVES

ACADEMIC QUIZ BEES: To promote academic excellence to all members by expanding their knowledge and understanding of the

accountancy profession through academic competitions.

To help the participants discover their strengths and be aware their weaknesses in different board-relatedsubjects through academic competition with the ultimate aim of maximizing the former and overcoming the

latter.

To allow the participants to learn new techniques in answering questions in the shortest possible time as wellas handling time pressure which will serve as preparation for the actual CPA board examination.

To allow the participants to assess their current academic standing as compared with the other JPIAns acrossthe region.

NFJPIA-R3 1st MAS CASE STUDY COMPETITION To promote awareness to all members how an actual presentation of management advisory reports would

look like in an actual set-up.

To allow the participants apply and develop what they have learned in their MAS subject/sas well as gainknowledge and expertise in proper presentation of management advisory reports.

To boost the self-confidence of the participants as they defend their assumption/s, analysis andrecommendation/s to the panel of judges regarding a particular MAS Topic.

GENERAL GUIDELINESThe Academic Events in the 17th RMYC shall comprise the following:

ACADEMIC QUIZ BEESA. CAT CUP Level-Up: CAT Cup Level 1 CAT Cup Level 2 CAT Cup Level 3

B. SGV & Co. Cup Presents: Battle for Supremacy Search for the Basic Accounting Wizard

C. Practical Accounting 2 (ReSA Cup)D. Practical Accounting 1 (ManabatSanagustin& Co. Cup)E. Auditing Theory and Problems (Punongbayan&Araullo Cup)F. Business Law and Taxation & Management Services (Isla Lipana& Co. Cup)G. Meet the Standards

NFJPIA- R3 1stMAS CASE STUDY COMPETITIONThe Academic Events in the 17thRMYC is divided into three categories:

Quiz Bee Type (First nine Academic Quiz Bees) Written Exam with Quiz Bee Type (Meet the Standards) Case Study Type (NFJPIA-R3 1stMAS Case Study Competition)TheAcademic Quiz Bee Eventsin the 17thRMYC shall be divided into two rounds namely:


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Elimination Round

Final Round (NFPIA-R3 Pyramid)

The NFJPIA-R3 1stMAS Case Study Competitionin the 17thRMYC shall be divided into two rounds namely:

Preliminary Round Oral DefenseCOVERAGE AND ELIGIBILITY

The table below shows the topics covered for each academic competition and who are eligible to join each

competition. To realize higher Participation Rate (PR) with respect to total number of delegates, events markedwith asterisk are mutually exclusive events. This means that if contestants choose to be part of the first event, he/she

cannot join the other.(Please refer to the labels shown below the table)

ACADEMIC COMPETITION COVERAGE WHO CAN JOIN

* CAT Cup Level 1 Basic Accounting Financial Accounting Open to all year levels

**CAT Cup Level 2

Cost Accounting Management Advisory Services Open to all year levels

***CAT Cup Level 3 Payroll Accounting Taxation Open to all year levels

Practical Accounting 2

(ReSA Cup) Practical Accounting 2 Open only to 4th and 5th

Year

* Practical Accounting 1

(ManabatSanagustin& Co. Cup) Practical Accounting 1 Open only to 3rd Year

Auditing Theory and Problems(Punongbayan&Araullo Cup)

Auditing Theory Auditing Problems Open only to 4th and 5thYear

**MAS and BLT

(Isla Lipana& Co. Cup)

Management Advisory Services Business Law Taxation

Open only to 4th and 5thYear

***SGV & Co. Cup :

Battle for Supremacy

Theory of Accounts Practical Accounting 1 Practical Accounting 2 Management Advisory Services Business Law Taxation Auditing Theory Auditing Problems

Open only to 4th and 5th

Year

SGV & Co. Cup:

Search for the Basic Accounting

Wizard Basic Accounting Partnership and Corporation

Open only to 1st and 2ndYear


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Accounting

Meet the Standards

Philippine Financial ReportingStandards (PFRS)

Philippine AccountingStandards (PAS)

International FinancialReporting and Interpretations

Committee (IFRIC)

Pronouncements

Open to all

NFJPIA-R3 1st MAS Case Study

Competition

Selected MAS Topics: Short-Term Decision

Making

Operating and FinancialBudgeting

Working CapitalManagement

Financing Decisions Capital Budgeting

Open only to 4th and 5th

Year

* These TWO (2) events will require TWO (2) entirely different sets of participants.

** These TWO (2) events will require TWO (2) entirely different sets of participants.

*** These TWO (2) events will require TWO (2) entirely different sets of participants.

QUALIFICATIONS

1. The Academic Events in the 17th RMYC is open to all bona fide members of the NFJPIA-R3 FY 20132014 andregistered delegate of the 17th RMYC.

2. Each contestant can only participate in at most three Academic Events. (Including Meet the Standards).3. Each Local Chapter is only allowed to send a maximum of three contestants in each Academic Quiz Bee that will

compete individually except for the CPAR Meet the Standards (Elimination Round), wherein each registereddelegate of the 17thRMYC could join the competition. For NFJPIA-R3 1stMAS Case Study Competition, each Local

Chapter is allowed to send three contestants that will compete as a group.

4. The DEFENDING CHAMPION of a particular Academic Event can no longer participate in the same event.REQUIREMENTS

1. Each Local Chapter must submit the following requirements (in softcopy only): Duly accomplished Academic Application Form (AAF) for each contestant per Academic Event with 2X2Picture in Corporate Attire and White Background(in prescribed MS Excel format) (Please seeApplication

Form - Academics (RMYC).xlsx)

(File name of each AAF must be the name of the contestant starting with his/her surname, followed by

his/her given name and middle name)

Master list of all Academic Event contestants (in prescribed MS Excel format) (Please see Masterlist -Academic Competitions (RMYC).xlsx).

A scanned copy of the Endorsement Letter of all contestants of the Academic Events. (signed by the JPIAPresident, JPIA Adviser, Dean/Program Chairperson)

A scanned copy of certification that all contestants of the Academic Events are Accountancy students and arebona-fide MEMBERS of the Local Chapter. (signed by the JPIA President, JPIA Adviser, Department Head/Dean

or School Registrar)


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2.

All the requirements listed above must be sent via email to: [email protected] on orbefore ________________. The following guidelines must be observed in sending the requirements:

Each Academic event must have a respective file folder containing duly accomplished AAF of eachcontestant.

All requirements must be properly zipped (e.g. .rar or .zip) The subject of the email must follow this format: (Local Chapter)_RMYC_Academics In case of late submission of requirements, there will be a corresponding 5-point deduction on the

event it is related.

3. Change of contestants for any of the Academic Events shall be allowed provided that it shall be communicated tothe Regional Vice President for Academics at least ONE WEEK before the said event and must comply with the

following requirements:

Duly Accomplished Substitution Form (in prescribed MS Excel format) Fully Accomplished AAF in accordance with Requirement 1. Failure to do such would invalidate the substitution of contestants.

4. Each Local Chapter must select and appoint a representative (e.g. VP Academics) who shall act as Liaison Officer.The Liaison Officer shall perform the following functions:

Shall act as the main contact of the Regional Vice President for Academics in the Local Chapter. The bonafide person allowed to raise concerns, clarifications, complaints and questions to the Academic

Committee.

The Liaison Officer may not be substituted by any Local Chapter Officer or member.

ACADEMIC QUIZ BEES

CONTEST RULES AND MECHANICS

GENERAL

1. A judge or board of judges shall be a Certified Public Accountant for the purpose of giving an intelligent andindependent decision.

2. The judge or the board of judges shall have the sole and exclusive authority to clear or answer anyprotest/clarification raised by the contestants. The decision of the judge or board of judges is final and irrevocable.

3. Any contestant who will be caught cheating shall be automatically disqualified in the competition.4. After reading the contest rules and mechanics, contestants are given the chance to raise questions/clarifications.5. Before proceeding to the next question, the contestants shall be given an allotted time of five seconds to raise a

protest/clarification, to request for new marker, ink pen or scratch paper, to change their calculator if it

encounters a technical problem, or to raise any other concerns. After the allotted time has elapsed, the quizmaster

shall read the next question, thus, protest, clarification, or any concerns shall no longer be entertained.

6. Only the protests/clarifications of the contestants shall be entertained.7. Questions/Clarifications with respect to the IRR shall be addressed before the commencement of the event.

Otherwise, it shall no longer be entertained.

8. The Regional Council shall have the exclusive power to interpret the provisions of the IRR and shall be vested withthe power to give sanctions to any contestant who shall violate any provisions in this IRR.

9. In case there are any concerns or protests which are not covered in this IRR, the Regional Council shall have theabsolute power and sole authority to decide and interpret the implementing rules and regulations of the RMYC

Regional Academic League, upon consultation with the Regional Adviser, on matters which he deems necessary topreserve and protect the integrity of the event. Should there be any ambiguity encountered by any party, such

should be addressed on a timely basis. The decision of the Regional Council shall be final and irrevocable.

QUALIFYING ROUND

(ONLY FOR MEET THE STANDARDS)

1. In the QUALIFYING ROUND, contestants shall be given written examination to determine the top 30 contestantswho will qualify for the ELIMINATION ROUND.

2. The written examination shall consist of fifty (50) questions and shall be answered by the contestants within ONEhour.


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3.

Contestants shall be provided with answer sheets but he/she must bring his/her own pencil (preferably Mongol#2).

4. Contestants must shade the letter which corresponds to their answers.5. Contestant shall begin answering the questions when the quizmaster gives the go-signal.6. Contestants should submit their answer sheets upon the sound of the bell signifying the end of time allotted.7. In case of a tie in the ranking of the top 30 contestants, clincher questions shall no longer be given. Simply stated,

qualifiers for the elimination round could exceed 30 contestants.

ELIMINATION ROUND

(FOR ALL ACADEMIC QUIZ BEES INCLUDING MEET THE STANDARDS)

1. Contestants are advised to be at the designated place at least 30 minutes before the time schedule.2. Contestants must be properly registered and sign the attendance sheet before proceeding to the competition

proper. Certificates of participation will also be distributed upon registration.

3. Contestants must strictly wear business attire (no maong pants, no rubber shoes). Contestants who do not complywith the required attire shall not be allowed to join the competition.

4. Late contestants are still allowed to join the competition. However, he/she shall no longer be allowed to answerthe questions he/she have missed.

5. The ELIMINATION ROUND shall be comprised of three rounds namely: Easy, average and difficult rounds. In caseof tie after the difficult round, clincher questions shall be given to the contestants until the deadlock is broken.

Time allotment, number of items and corresponding points are as follows:

EASY AVERAGE DIFFICULT CLINCHERTime allotment

Theory Problem

Problem requiring

computation

10 seconds

30 seconds

10 seconds

45 seconds

10 seconds

60 seconds

10 seconds

20 seconds

No. of items 7 7 7 -

Corresponding

points2 3 5 -

6. The quizmaster shall read each question ONCE. The Regional Vice President for Academics may extend timeprescribed depending on the complexity of the question.

7. Contestants are provided with a copy of the question for every item. The contestants must not flip the copy of thequestion until the quizmaster gives the signal to do so. After the quizmaster announces the question number, thecontestant may start reading and answering the question provided. Any contestant who violates the said provision

shall be given a warning for the 1st offense. On the 2nd offense, the contestant shall be given sanction of

accumulating only 50% of his/her total score garnered in all rounds. Violation of this provision for the 3rd time

shall mean disqualification of the contestant from the competition.

8. Contestants are only allowed to manipulate their calculators after the quiz master says GO. Warning shall begiven for the 1st offense. 2nd offense shall mean disqualification from the particular question while, 3rd offense

entails disqualification from the competition.

9. The contestants should answer each question within the time allotted. When the bell rings signaling the lapse oftime allotted, all contestants should stop answering and must immediately raise the board which corresponds to

their answer. Contestants who violate this provision will not be given any point even if he/she got the correct

answer.

10.Protests or questions regarding a particular problem must be addressed to the judge or board of judges before thequizmaster starts reading the next question. Once the next question has been distributed, the decision of the panel

of judges shall be final and irrevocable, thus subsequent appeal shall no longer be entertained.

11.In case there are questions voided by the judge or board of judges, the Regional Vice President for Academics shallreplace the voided questions from the clincher questions.

12.The top five contestants with the highest accumulated scores shall advance to the FINAL ROUND.13.In case of tie, clincher questions shall be given until the deadlock is broken. The 1st contestant who answered the

question correctly shall advance to the FINAL ROUND.

FINAL ROUND NFJPIA-R3 PYRAMID

(FOR ALL ACADEMIC QUIZ BEES INCLUDING MEET THE STANDARDS)


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16.In the final round,ACE CARDS shall be randomly assigned to five questions. The contestant who picked a questionwith an ACE CARD shall exclusively grant the contestant the power to disable of the other contestants from

stealing the question from him/her. Simply stated, a contestant who picked a question containing ACE CARDshall

have the exclusive right to give an answer. Contestants are not allowed to defer the power of the card.

17.As an added twist, JOKER CARDS shall also be randomly assigned to five questions. Each JOKER shall serve as amileage weapon during the course of the competition. The contestant who picked a question with a JOKER shall

exclusively grant the contestant who picked the question with mileage weapon if the question is answered

correctly and he/she answered the question correctly. The contestant can use the mileage weapon against other

contestant. The other contestant chosen by the contestant with the JOKER (mileage weapon) shall be

prohibited from attempting to answer the chosen question. In the event that the contestant did not

immediately use the JOKER, the mileage weapon shall be forfeited.

DETERMINATION OF TOP THREE FINALISTS

1. The first finalist to surpass the difficult level would be declared as the CHAMPION. The next to surpass would bethe SECOND PLACE and the third to surpass would be declared as the THIRD PLACE.

2. The FINAL ROUND shall end when three finalists have reached the top of the pyramid or after exhausting the 30questions whichever comes earlier.

3. In case only one or two finalists were able to reach the top of the pyramid at the end of the game, the 2nd placeand/or 3rd place shall be the determined based on the accumulated points garnered by each contestant.However, to be declared as a winner, a finalist must have at leastANSWERED THREE (3) QUESTIONS

CORRECTLY. Thus, finalists who meet this requirement shall be given the priority over those who did not.

4. In case no finalist were able to reach the top of the pyramid at the end of the game, winners shall be thedetermined based on the accumulated points garnered by each finalist and the top three highest pointers shall be

declared as winners if all of them were able to meet the MINIMUM REQUIRED NUMBER OF CORRECT ANSWERS.

5. In case only one or two finalist/swas/were able to meet the MINIMUM REQUIRED NUMBER OF CORRECTANSWERS,the 2nd place and/or 3rd place shall be determined based solely on the accumulated points garnered

by each finalist.

6. In case no finalist were able to meet the MINIMUM REQUIRED NUMBER OF CORRECT ANSWERS, winners shallbe determined based solely on the accumulated points garnered by each finalist.

7. The TOP OF THE PYRAMID contains top 3 circles which will be occupied by the top three finalists. The redcircle is for the CHAMPION, blue circle for the SECOND PLACE and yellow circle for the THIRD PLACE.

8. In case of tie, clincher questions shall be given until the deadlock is broken. The 1st contestant who answered thequestion correctly shall be declared as the winner.

NFJPIA-R3 1stMAS CASE STUDY COMPETITION

The NFJPIA-R3 1stMAS Case Study Competition is a regional academic competition to be conducted during the 17 th

RMYC. It is open 4th and 5th year accountancy students. This competition aims to develop and strengthen theManagement Advisory Concepts and Analytical Skills of JPIANs across the region. It consists of an understanding the

problem or query that an entity is undergoing, gathering, analyzing and interpreting relevant information and

formulating recommendation/s to respond to the problem/s identified

CONTEST RULES AND MECHANICS

GENERAL

1. Panel of Judges shall compose of three (3) Certified Public Accountants who have at least three (3) meaningfulyears of experience in MANANAGEMENT CONSULTING for the purpose of giving an intelligent and independent

opinion. Additional Title like CMA is preferable since it indicates expertise in the consultancy services.

2. Contestants must confirm their registration during the 17thRMYC. MAS Cases will be distributed to the contestantsas soon as they completed the registration process.

3. Contestants must not to put anything that would indicate the Institution in which they were affiliated. (i.e. refrainfrom including any identifying information in headers and footers or in the powerpoint presentation)

4. During the conduct of the event, spectators must refrain from clapping or making unnecessary noises so as not todisrupt the contestants.


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Implementing Rules and Regulations Academic Events in the 17 thRegional Midyear Convention Page 10 of13

National Federation of Junior Philippine Institute of Accountants Region III Council






PRELIMINARY ROUND

1. During this round, the participants will submit their written reports regarding a MAS case, which will be givenafter registration to 17thRMYC. The written report must be submitted on or before 12 noon of the next day in soft

copy (save the document in this file name: LocalChapter_Surname1_Surname2_Surname3). Only the top five (5)

teamsamong all the participating teams will proceed to the oral defense.

The written report shall contain the following major parts:

Title Page Background of the Case (Abstract) Statement of the Problem/s (Main and Sub Problem/s) Assumptions Analysis (with supporting computation/s if any) Recommendation/s(Contestants could add additional part/s to the written report in order to add substance to the case study provided,

that the major parts are present)

The format of the written report is as follows:

All reports must be written in Cambria, 11pt. font and with 1.5 spacing. Margins must be 1-inchall over the document. The report shall not be longer than six (6) pages and must not have an appendix. All supporting

computation/s must be part of the written report.

2. The following criteria shall be used in evaluating each written case report:CRITERIA PERCENTAGE

Proper identification of the entitys

main problem/s or sub problem/s

20%

Adequacy and appropriateness of

assumptions and analysis

30%

Reasonableness, relevance and

feasibility of the recommendations

40%

Technicalities 10%

TOTAL 100%

Proper identification of the entitys main problem/s or sub problem/s is the extent in which the team:

Effectively uses all available information to come up with the entitys problem/s Provides clear identification of problem/s that the entity is encountering Successfully classified the problem/s if it is a main problem or sub problemAdequacy and appropriateness of assumptions and analysis is the extent in which the team:

Successfully identified adequate and appropriate assumptions that would eventually be the basis in forminganalysis and recommendation/s

Effectively uses assumptions in formulating adequate and appropriate analysis. Logical Presentation of supporting computationsReasonableness, relevance and feasibility of the recommendation/s is/are the extent to which the team:

Demonstrates logic in formulating recommendations Considers the feasibility of their recommendations when taken separately and when taken together Effectively corresponds to the problems that was identifiedTechnicalities are the extent to which the team:

Follows the recommended guidelines for written reports Effectively writes an easily comprehensible report (including abstract) Followed proper sentence construction and grammar


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ORAL DEFENSE

1. The top five (5) participants from the Preliminary Round will be notified after the selection process has beencompleted and they will be called together for the Oral Defense where they will be given time to prepare a

powerpoint presentation and rehearse their oral presentation.

2. All teams will be given two (2) hours to prepare a powerpoint presentation and rehearse their oral presentation.3. They will present their report in front of the panel of judges for 15 minutes and another 20 minutes will be

allotted for the question and answer portion.

4. The medium for presentation must be English.5. Participants are required to be in corporate attire while participating in the said competition. Participants are

discouraged from placing any identifying marks of their local chapter in their presentation. They must not also

wear any clothing material, accessory or color coding that would identify them as contestants from a particular

local chapter.6. The following criteria shall be used to evaluate the oral presentation:

Criteria Percentage

Written Report 40%

Delivery 25%

Responsiveness to the Questions 25%

Technicalities 10%

TOTAL 100%

The score of the written report shall comprise the 40% of the Average for the Oral Defense.

Delivery is the extent to which the team:

Demonstrates organization of information in presenting their report Effectively uses the English language as a medium for presentation Effectively speaks as one team (Coherent ideas) Speaks clearly and distinctlyTechnicalities are the extent to which the team:

Effectively uses PowerPoint as a visual aid Does not deviate from submitted written report Effectively maximizes the allotted time for presentation

POINTING SYSTEM OF ACADEMIC EVENTS TO DETERMINE THE OVERALL RANKING

The following pointing system shall be used to determine the overall ranking in Academic Events of the 16th RMYC.

RANK POINTS

1st Place 15

2nd Place 10

3rd Place 7

4th and 5th Place 3

Participation * (Elimination Round) 1

* Participation in the Qualifying Round of PFRS Quiz and CPAR Meet the Standards shall have no credit.

REVOLVING CUP

There are two revolving cup in this competition for:

CAT Cup Level-Up SGV & Co. Cup


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CAT REVOLVING CUP

This revolving cup will be given to the Local Chapter who garnered the highest points in the Academic Quiz Bee CAT

Cup Level Up. The revolving cup will be at the tenure of the defending champion (the local chapter) for one (1) year. It

must be returned next RMYC to hand it over to the next champion. However, in case the holder of the CAT Revolving

Cup defended its title for three consecutive years, it will permanently be in its possession.

SGV & Co. REVOLVING CUP

This revolving cup will be given to the Local Chapter who garnered the highest points in the Academic Quiz Bee SGV

& Co. Cup. The revolving cup will be at the tenure of the defending champion (the local chapter) for one (1) year. It

must be returned next RMYC to hand it over to the next champion. However, in case the holder of the Revolving Cupdefended its title for three consecutive years, it will permanently be in its possession.

ENFORCEMENT OF THE IMPLEMENTING RULES AND REGULATIONS

A. It shall be the primary duty of the Regional Vice President for Academics to effectively enforce the provisions ofthis Implementing Rules and Regulations. The Council also has the sole right to interpret the contents of this

Implementing Rules & Regulations and their decision will be binding and irrevocable.

B. The Regional Adviser or his duly designated representative shall act as legal adviser to the Regional Vice Presidentfor Academics and the Council and shall render legal assistance as may be necessary in carrying out the provisions

of this Implementing Rules and Regulations.

AMENDMENTS OR REVISIONS

A. The Council shall be vested with the exclusive power to revise and amend the Implementing Rules andRegulations.

B. Any amendments to or revisions to this Implementing Rules and Regulations may be proposed by any member ofany local chapter upon a written request of such member, stating the reasons thereto.

C. Any request for amendments and revisions as well as proposed amendments must initially be reviewed by theRegional Vice President for Academics then to be forwarded to the Regional Executive Officers for discussion,

editing and final approval and to be noted by the Regional Adviser.

D. The Regional Executive Officers shall have the right to debunk any proposed revisions and amendments,submitted to them by the Regional Vice President for Academics, which are deemed unnecessary. The finaldecision on any inclusions and exclusions to this Implementing Rules and Regulations must be determined by a

majority vote of all Regional Executive Officers in which the Regional Vice President for Academics is included.

E. Amendments to particular provisions in this Implementing Rules and Regulations shall be allowed provided thatsuch amendments will be communicated to stakeholders at least two weeks before it could take effect.

SEPARABILITY CLAUSE

If any clause, provision, paragraph or part of this Implementing Rules and Regulations shall be declared

unconstitutional or invalid, such judgment shall not affect, invalidate, or impair any other part hereof, but shall be

merely confined to the clause, provision, paragraph or part directly involved in the controversy in which such

judgment has been rendered.

REPEALING CLAUSE

Any rule and regulation or resolution or part/s thereof inconsistent with the provisions of this Implementing Rules

and Regulations are hereby repealed or modified accordingly.

EFFECTIVITY


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This Implementing Rules and Regulations shall take effect immediately after its presentation and approval from theAssembly. Promulgated in the City of Pampanga this 9th day of June, 2013.

PREPARED BY:

_____________________________________________

Francis Xavier W. Ferrer

Regional Vice President for Academics

Systems Plus College Foundation

APPROVED BY:

________________________________________

Zheena E. Ocampo

Regional President

Systems Plus College Foundation

________________________________________

Emil Julius T. David

Regional Vice President for Non Academics

Holy Angel University

________________________________________

Leila Victoria R. Antonio

Regional Vice President for Finance

Wesleyan University Philippines

________________________________________

Enrico C. Rivera

Regional Vice President for Membership

Tarlac State University

________________________________________

John Kendrick H. Pajarin

Regional Vice President for Audit

Colegio de San Juan de Letran Bataan

________________________________________

Adrianne B. Harve

Regional Vice President for Communications

University of the Assumption

________________________________________

Jane T. Villanueva

Regional Vice President for Media

Wesleyan University

Philippines

________________________________________

Roy James S. Enrile

Regional Secretary General

Baliuag University

Nfjpiar3 1314 RMYC IRR No. 9 Regional Academic League

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