What is the feature of some bonds whereby the issuer can redeem it before it matures?
What is the feature of some bonds whereby the issuer can redeem it before it matures?
What refers to the goods and services that are desired by human and will be acquired only after all the needs have been satisfied?
What refers to the goods and services that are desired by human and will be acquired only after all the needs have been satisfied?
What type of depreciation is due to the reduction of the physical ability of an equipment or asset to produce results?
What type of depreciation is due to the reduction of the physical ability of an equipment or asset to produce results?
Shell Philippines, a multinational company, has a total gross income for a particular year of P 50,000,000. The taxable income after taking all deductions except for depletion is P 18,500,000. What is the allowable depletion allowance for that particular year? Take percentage of gross income for oil as 22%.
Shell Philippines, a multinational company, has a total gross income for a particular year of P 50,000,000. The taxable income after taking all deductions except for depletion is P 18,500,000. What is the allowable depletion allowance for that particular year? Take percentage of gross income for oil as 22%.
What is another term for “current assets”?
What is another term for “current assets”?
“Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the:
“Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the:
The depletion allowance method of computing depletion is commonly known as ______.
The depletion allowance method of computing depletion is commonly known as ______.
The interest calculated on the basis of 365 days a year, is known as:
The interest calculated on the basis of 365 days a year, is known as:
What refers to the interest rate at which the present work of the cash flow on a project is zero of the interest earned by an investment?
What refers to the interest rate at which the present work of the cash flow on a project is zero of the interest earned by an investment?
What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents?
What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents?
Double taxation is a disadvantage of which business organization?
Double taxation is a disadvantage of which business organization?
Aside from many sellers and many buyers, which one is a characteristic of perfect competition?
Aside from many sellers and many buyers, which one is a characteristic of perfect competition?
In a cash flow series:
In a cash flow series:
A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand?
A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand?
What is the ordinary interest on P1,500.50 for 182 days at 5.2%?
What is the ordinary interest on P1,500.50 for 182 days at 5.2%?
A loan of P5,000 is made for a period of 15 months, at a simple interest rate of 15%, what future amount is due at the end of the loan period?
A loan of P5,000 is made for a period of 15 months, at a simple interest rate of 15%, what future amount is due at the end of the loan period?
The more critical (or severe) test of the firm's liquidity can be judged by:
The more critical (or severe) test of the firm's liquidity can be judged by:
You borrow P3,500.00 for one year from a friend at an interest rate of 1.5% per month instead of taking a loan from a bank at a rate of 18% per year. How much lesser you will pay by borrowing the money from the bank?
You borrow P3,500.00 for one year from a friend at an interest rate of 1.5% per month instead of taking a loan from a bank at a rate of 18% per year. How much lesser you will pay by borrowing the money from the bank?
What is a stock of a product which is held by a trade body or government as a means of regulating the price of that product?
What is a stock of a product which is held by a trade body or government as a means of regulating the price of that product?
What bond whose security is a mortgage on certain specified assets of the corporation?
What bond whose security is a mortgage on certain specified assets of the corporation?
What annuity is required over 12 years to equate with a future amount of P 20,000? Assume i= 6% annually.
What annuity is required over 12 years to equate with a future amount of P 20,000? Assume i= 6% annually.
The project contractor relies on the cost of the estimate:
The project contractor relies on the cost of the estimate:
Refer to the cash flow diagram of uniform gradient in a cash flow (in the given figure), the gradient is:
Refer to the cash flow diagram of uniform gradient in a cash flow (in the given figure), the gradient is:
A P 1,000,000 issue of 3%, 15-year bond was sold at 95%. What is the rate of interest of this investment?
A P 1,000,000 issue of 3%, 15-year bond was sold at 95%. What is the rate of interest of this investment?
If ‘a’ is the base amount expenditure, ‘b’ is the increase in the operation cost each year over a period of’ 'n’ years, the total cost of maintenance is:
If ‘a’ is the base amount expenditure, ‘b’ is the increase in the operation cost each year over a period of’ 'n’ years, the total cost of maintenance is:
A VOM has a selling price of P 400. If its selling price is expected to decline at a rate of 10% per annum due to obsolescence, what will be its selling price after 5 years?
A VOM has a selling price of P 400. If its selling price is expected to decline at a rate of 10% per annum due to obsolescence, what will be its selling price after 5 years?
Under ordinary simple interest, how many days in one year?
Under ordinary simple interest, how many days in one year?
The product of CAF (S P) and PWF (S P) is:
The product of CAF (S P) and PWF (S P) is:
What market situation exists where there is only one buyer and only one seller?
What market situation exists where there is only one buyer and only one seller?
In the cash flow diagram shown in the given figure
In the cash flow diagram shown in the given figure
If ‘P’ is principal amount, ‘I’ is the rate of interest per annum and ‘n’ is the number of periods in years, the compound amount factor (CAF) is:
If ‘P’ is principal amount, ‘I’ is the rate of interest per annum and ‘n’ is the number of periods in years, the compound amount factor (CAF) is:
What is the present worth of a P500 annuity starting at the end of the third year and continuing to the end of the fourth year, if the annual interest rate is 10 %?
What is the present worth of a P500 annuity starting at the end of the third year and continuing to the end of the fourth year, if the annual interest rate is 10 %?
What refers to the cost of borrowing money or the amount earned by a unit principal per unit time?
What refers to the cost of borrowing money or the amount earned by a unit principal per unit time?
A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment?
A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment?
“When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the:
“When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the:
Present worth Annuity (PWA) is generally known as
Present worth Annuity (PWA) is generally known as
An asset is purchased for P 9,000.00. Its estimated economic life is 10 years after which it will be sold for P 1,000.00. Find the depreciation in the first three years using sum-of-years digit method
An asset is purchased for P 9,000.00. Its estimated economic life is 10 years after which it will be sold for P 1,000.00. Find the depreciation in the first three years using sum-of-years digit method
What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties?
What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties?
A ______ is a market situation where economies of scale are so significant that cost are only minimized when the entire output of an industry is supplied by a single producer so that the supply costs are lower under monopoly that under perfect competition.
A ______ is a market situation where economies of scale are so significant that cost are only minimized when the entire output of an industry is supplied by a single producer so that the supply costs are lower under monopoly that under perfect competition.
The declining balance method is also known as ______.
The declining balance method is also known as ______.
The owner of the construction company makes use of the estimate:
The owner of the construction company makes use of the estimate:
What is defined as the reduction or fall of the value of an asset due to constant use and passage of time?
What is defined as the reduction or fall of the value of an asset due to constant use and passage of time?
The common ratio is the ratio of:
The common ratio is the ratio of:
A man loans P 187,400 from a bank with interest at 5% compounded annually. He agrees to pay his obligations by paying 8 equal annual payments, the first being due at the end of 10 years. Find the annual payments.
A man loans P 187,400 from a bank with interest at 5% compounded annually. He agrees to pay his obligations by paying 8 equal annual payments, the first being due at the end of 10 years. Find the annual payments.
What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market?
What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market?
Which is true about corporation?
Which is true about corporation?
The original record of a business transaction is recorded in this book.
The original record of a business transaction is recorded in this book.
A man invested P110,000 for 31 days. The net interest after deducting 20% withholding tax is P890.36. Find the rate of return annually.
A man invested P110,000 for 31 days. The net interest after deducting 20% withholding tax is P890.36. Find the rate of return annually.
What refers to the amount of money paid for the use of borrowed capital?
What refers to the amount of money paid for the use of borrowed capital?
The key to profitable operation for project cost control, is:
The key to profitable operation for project cost control, is:
A person buys a piece of lot for P 100,000 downpayment and 10 deferred semi-annual payments of P 8,000 each, starting three years from now. What is the present value of the investment if the rate of interest is 12% compounded semi-annually?
A person buys a piece of lot for P 100,000 downpayment and 10 deferred semi-annual payments of P 8,000 each, starting three years from now. What is the present value of the investment if the rate of interest is 12% compounded semi-annually?
What is another term for “perfect competition”?
What is another term for “perfect competition”?
What is the reduction in the money value of capital asset is called?
What is the reduction in the money value of capital asset is called?
Ratio analysis of a construction firm is used for analysis by:
Ratio analysis of a construction firm is used for analysis by:
Miss Calledo deposited P 1,000, P 1,500 and P 2,000 at the end of the 2nd year, 3rd year and 4th year, respectively in a savings account which earned 10% per annum. How much is in the account at the end of the 4th year?
Miss Calledo deposited P 1,000, P 1,500 and P 2,000 at the end of the 2nd year, 3rd year and 4th year, respectively in a savings account which earned 10% per annum. How much is in the account at the end of the 4th year?
What are the common methods of computing depletion charge?
What are the common methods of computing depletion charge?
A construction estimate is used
A construction estimate is used
A investor wishes to earn 7% on his capital after payment of taxes. If the income from an available investment will be taxed at an average rate of 42%, what minimum rate of return, before payment of taxes, must the investment offer to be justified?
A investor wishes to earn 7% on his capital after payment of taxes. If the income from an available investment will be taxed at an average rate of 42%, what minimum rate of return, before payment of taxes, must the investment offer to be justified?
The functional depreciation is sometimes called ______.
The functional depreciation is sometimes called ______.
Salvage value is sometimes known as ______.
Salvage value is sometimes known as ______.
Duopsony is a market situation where there is/are:
Duopsony is a market situation where there is/are:
In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes?
In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes?
What is the term for an annuity with a fixed time span?
What is the term for an annuity with a fixed time span?
The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where
The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where
A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities.
A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities.
A farmer selling eggs at 50 pesos a dozen gains 20%. If he sells the eggs at the same price after the costs of the eggs rises by 12.5%, how much will be his new gain in percent?
A farmer selling eggs at 50 pesos a dozen gains 20%. If he sells the eggs at the same price after the costs of the eggs rises by 12.5%, how much will be his new gain in percent?
The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ______.
The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ______.
What represents the ownership of stockholders who have a residual claim on the assets of the corporation after all other claims have been settled?
What represents the ownership of stockholders who have a residual claim on the assets of the corporation after all other claims have been settled?
Mr. Bacani borrowed money from the bank. He received from the bank P1,842 and promised to repay P2,000 at the end of 10 months. Determine the rate of simple interest.
Mr. Bacani borrowed money from the bank. He received from the bank P1,842 and promised to repay P2,000 at the end of 10 months. Determine the rate of simple interest.
A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even?
A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even?
What refers to the present worth of cost associated with an asset for an infinite period of time?
What refers to the present worth of cost associated with an asset for an infinite period of time?
The ability to meet debts as they become due is known as ______.
The ability to meet debts as they become due is known as ______.
In the cash-flow diagram shown in the given figure
In the cash-flow diagram shown in the given figure
What is another term for “acid-test ratio”?
What is another term for “acid-test ratio”?
The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______.
The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______.
Capitalized cost of a project is also known as ______.
Capitalized cost of a project is also known as ______.
What is the simplest form of business organization?
What is the simplest form of business organization?
What is the increase in the money value of a capital asset is called?
What is the increase in the money value of a capital asset is called?
The institute of Electronics and Communications Engineers of the Philippines (IECEP) is planning to put up its own building. Two proposals being considered are:
A. The construction of the building now to cost P 400,000
B. The construction of a smaller building now to cost P300,000 and at the end of 5 years, an extension to be added to cost P 200,000.
By how much is proposal B more economical than proposal A if interest rate is 20% and depreciation to be neglected?
The institute of Electronics and Communications Engineers of the Philippines (IECEP) is planning to put up its own building. Two proposals being considered are:
A. The construction of the building now to cost P 400,000
B. The construction of a smaller building now to cost P300,000 and at the end of 5 years, an extension to be added to cost P 200,000.
By how much is proposal B more economical than proposal A if interest rate is 20% and depreciation to be neglected?
What is the present worth of two P 100 payments at the end of the third year and fourth year? The annual interest rate is 8%.
What is the present worth of two P 100 payments at the end of the third year and fourth year? The annual interest rate is 8%.
The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now?
The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now?
What is the market situation exist when there are many buyers and many sellers?
What is the market situation exist when there are many buyers and many sellers?
Both architect and engineer make use of the cost estimate of the project:
Both architect and engineer make use of the cost estimate of the project:
The ability to convert assets to cash quickly is known as ______.
The ability to convert assets to cash quickly is known as ______.
What is the main reason why the sinking fund method of computing depreciation is seldom used in the industry?
What is the main reason why the sinking fund method of computing depreciation is seldom used in the industry?
The profit derived from a project or business enterprise without consideration of obligations to financial contributors and claims of others based on profit is known as ______.
The profit derived from a project or business enterprise without consideration of obligations to financial contributors and claims of others based on profit is known as ______.
What is an accounting term that represents an inventory account adjustment?
What is an accounting term that represents an inventory account adjustment?
Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 non-interest for 180 days. If discounted at once, find the proceeds of the note.
Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 non-interest for 180 days. If discounted at once, find the proceeds of the note.
Liquidity ratios are used:
Liquidity ratios are used:
Which is true about partnership?
Which is true about partnership?
Capitalized cost of any structure or property is computed by which formula?
Capitalized cost of any structure or property is computed by which formula?
If interest is paid more than once in a year, ‘i’ is the rate of interest per year, ‘n’ is the number of periods in years and ‘m’ is a number of periods per years, compound amount factor (CAF) is:
If interest is paid more than once in a year, ‘i’ is the rate of interest per year, ‘n’ is the number of periods in years and ‘m’ is a number of periods per years, compound amount factor (CAF) is:
Lands, buildings, plants and machineries are example of what type of asset?
Lands, buildings, plants and machineries are example of what type of asset?
What refers to the amount of a product made available for sale?
What refers to the amount of a product made available for sale?
Keeping in view, the feasibility order of magnitude, the preliminary, conceptual or budget estimates, are prepared by:
Keeping in view, the feasibility order of magnitude, the preliminary, conceptual or budget estimates, are prepared by:
Duopoly is a market situation where there is/are:
Duopoly is a market situation where there is/are:
What refers to the negotiable claim issued by a bank in lien of a term deposit?
What refers to the negotiable claim issued by a bank in lien of a term deposit?
In a cash-flow diagram:
In a cash-flow diagram:
Current ratio is:
Current ratio is:
What refers to the residual value of a company’s assets after all outside liabilities (shareholders excluded) have been allowed for?
What refers to the residual value of a company’s assets after all outside liabilities (shareholders excluded) have been allowed for?
