Pick up the correct statement from the following:
Pick up the correct statement from the following:
If ‘S’ is the future capital accumulated in ‘n’ years at the rate of interest ‘I’ per annum, then present worth is:
If ‘S’ is the future capital accumulated in ‘n’ years at the rate of interest ‘I’ per annum, then present worth is:
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?
Pick up the correct statement from the following:
Pick up the correct statement from the following:
A telephone switchboard 100 pair cable can be made up with either enameled wire or tinned wire. There will be 400 soldered connections. The cost of soldering a connection on the enameled wire will be P 1.65 on the tinned wire, it will be P 1.15. A 100- pair cable made up with enameled wire cost P 0.55 per linear foot and those made up of tinned wire cost P 0.75 per linear foot. Determine the length of cable run in feet so that the cost of each installation would be the same.
A telephone switchboard 100 pair cable can be made up with either enameled wire or tinned wire. There will be 400 soldered connections. The cost of soldering a connection on the enameled wire will be P 1.65 on the tinned wire, it will be P 1.15. A 100- pair cable made up with enameled wire cost P 0.55 per linear foot and those made up of tinned wire cost P 0.75 per linear foot. Determine the length of cable run in feet so that the cost of each installation would be the same.
What is a measure of the average speed with which accounts receivable are collected?
What is a measure of the average speed with which accounts receivable are collected?
What rate of interest compounded annually is the same as the rate of interest of 8% compounded quarterly?
What rate of interest compounded annually is the same as the rate of interest of 8% compounded quarterly?
Pick up the main purpose of project cost control from the following:
Pick up the main purpose of project cost control from the following:
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.
Probabilistic estimating of a construction project includes:
Probabilistic estimating of a construction project includes:
Annuities involve:
Annuities involve:
What is defined as the current assets minus inventories and prepaid expenses?
What is defined as the current assets minus inventories and prepaid expenses?
What is an index of short-term paying ability?
What is an index of short-term paying ability?
Mr. David deposits Rs 1200 now, Rs 800 two years from now and Rs 1000 five years from now. If the savings bank's rate of interest in 5%, he will receive an amount of Rs X, 10 years from now, where ‘X’ is
Mr. David deposits Rs 1200 now, Rs 800 two years from now and Rs 1000 five years from now. If the savings bank's rate of interest in 5%, he will receive an amount of Rs X, 10 years from now, where ‘X’ is
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?
If ‘P’ is principal amount, ‘i’ is the rate of interest and ‘n’ is the number of periods in years, then the interest factor is:
If ‘P’ is principal amount, ‘i’ is the rate of interest and ‘n’ is the number of periods in years, then the interest factor is:
Current assets less inventories divided by current liabilities is known as
Current assets less inventories divided by current liabilities is known as
Pick up the correct statement from the following:
Pick up the correct statement from the following:
What stock represents ownership and enjoys certain preferences than ordinary stock?
What stock represents ownership and enjoys certain preferences than ordinary stock?
Return on investment ratio is the ratio of the:
Return on investment ratio is the ratio of the:
The construction manager uses the estimate of the project
The construction manager uses the estimate of the project
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 is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest?
What is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest?
Double taxation is a disadvantage of which business organization?
Double taxation is a disadvantage of which business organization?
What is considered as the basic consuming or demanding unit of a commodity?
What is considered as the basic consuming or demanding unit of a commodity?
A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ______.
A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ______.
Duopsony is a market situation where there is/are:
Duopsony is a market situation where there is/are:
As applied to capitalized asset, the distribution of the initial cost by a periodic changes to operation as in depreciation or the reduction of a debt by either periodic or irregular prearranged programs is called ______.
As applied to capitalized asset, the distribution of the initial cost by a periodic changes to operation as in depreciation or the reduction of a debt by either periodic or irregular prearranged programs is called ______.
Cash money and credit necessary to establish and operate an enterprise are generally called ______.
Cash money and credit necessary to establish and operate an enterprise are generally called ______.
What do you call the after-tax present worth of all depreciation effects over the depreciation period of the asset?
What do you call the after-tax present worth of all depreciation effects over the depreciation period of the asset?
What is a market situation whereby there is only one buyer of an item for which there is no goods substitute?
What is a market situation whereby there is only one buyer of an item for which there is no goods substitute?
The amount of property in which a willing buyer to a willing seller for the property when neither one is under the compulsion to buy nor to sell is called ______.
The amount of property in which a willing buyer to a willing seller for the property when neither one is under the compulsion to buy nor to sell is called ______.
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%.
A manufacturer produces certain items at a labor cost of P 115 each, material cost of P 76 each and variable cost of P 2.32 each. If the item has a unit price of P 600, how many units must be manufactured each month for the manufacturer to break even if the monthly overhead is P428,000
A manufacturer produces certain items at a labor cost of P 115 each, material cost of P 76 each and variable cost of P 2.32 each. If the item has a unit price of P 600, how many units must be manufactured each month for the manufacturer to break even if the monthly overhead is P428,000
Pick up the correct statement from the following:
Pick up the correct statement from the following:
What is considered as the standard unit which forms the basis of a country’s domestic money supply?
What is considered as the standard unit which forms the basis of a country’s domestic money supply?
What is normally used to compare alternatives that accomplish the same purpose but have unequal lives?
What is normally used to compare alternatives that accomplish the same purpose but have unequal lives?
What is another term for “perfect competition”?
What is another term for “perfect competition”?
What denotes in the fall in the exchange rate of one currency in terms of the others? This term is usually applies to the floating exchange rate.
What denotes in the fall in the exchange rate of one currency in terms of the others? This term is usually applies to the floating exchange rate.
Is an artificial being created by operation of law, having the right of succession and the process, attributes and properties expressly authorized by the law or incident to its existence.
Is an artificial being created by operation of law, having the right of succession and the process, attributes and properties expressly authorized by the law or incident to its existence.
Earnings per share is the most important ratio for
Earnings per share is the most important ratio for
Pick up the correct method adopted for developing the approximate or conceptual estimates from the following:
Pick up the correct method adopted for developing the approximate or conceptual estimates from the following:
In what method of computing depreciation where it assumes that the annual cost of depreciation is a fixed percentage of the book value at the beginning of the year?
In what method of computing depreciation where it assumes that the annual cost of depreciation is a fixed percentage of the book value at the beginning of the year?
What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want?
What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want?
A loan for P50,000 is to be paid in 3 years at the amount of P65,000. What is the effective rate of money?
A loan for P50,000 is to be paid in 3 years at the amount of P65,000. What is the effective rate of money?
The alternatives which are standalone solutions for given situations in engineering involve:
The alternatives which are standalone solutions for given situations in engineering involve:
What refers to the exchange mechanism that brings together the sellers and the buyers of a product, factor of production or financial security?
What refers to the exchange mechanism that brings together the sellers and the buyers of a product, factor of production or financial security?
Pick up the correct statement from the following:
Pick up the correct statement from the following:
Perfect monopoly exists only if:
Perfect monopoly exists only if:
Oligopoly exists when there is/are:
Oligopoly exists when there is/are:
What refers to the present worth of all the amount the bondholder will receive through his possession of the bond?
What refers to the present worth of all the amount the bondholder will receive through his possession of the bond?
Pick up the correct statement from the following:
Pick up the correct statement from the following:
What represents the share of participation in business organizations?
What represents the share of participation in business organizations?
A bond without any security behind them except a promise to pay by the issuing corporation is called ______.
A bond without any security behind them except a promise to pay by the issuing corporation is called ______.
The financial analysis:
The financial analysis:
An amount of P1,000 becomes P1,608.44 after 4 years compounded bimonthly. Find the nominal interest.
An amount of P1,000 becomes P1,608.44 after 4 years compounded bimonthly. Find the nominal interest.
First Benchmark Publishing’s gross margin is 50% of sales. The operating costs of the publishing are estimated at 15% of sales. If the company is within the 40% tax bracket, determine the percent of sales is their profit after taxes?
First Benchmark Publishing’s gross margin is 50% of sales. The operating costs of the publishing are estimated at 15% of sales. If the company is within the 40% tax bracket, determine the percent of sales is their profit after taxes?
A type of bond where the corporation pledges securities which it owns such as the stock or bonds of one of its subsidiaries.
A type of bond where the corporation pledges securities which it owns such as the stock or bonds of one of its subsidiaries.
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 %?
Pick up the element of the cost from the following:
Pick up the element of the cost from the following:
What type of bond whose guaranty is in lien on railroad equipment, such as freight and passenger cars, locomotives, etc.?
What type of bond whose guaranty is in lien on railroad equipment, such as freight and passenger cars, locomotives, etc.?
A uniform series of payment occurring at equal interval of time is called ______.
A uniform series of payment occurring at equal interval of time is called ______.
How long will it take money to double itself if invested at 5% compounded annually?
How long will it take money to double itself if invested at 5% compounded annually?
What type of bond which can be redeemed before maturity date?
What type of bond which can be redeemed before maturity date?
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?
Duopoly is a market situation where there is/are:
Duopoly is a market situation where there is/are:
What is used to record historical financial transactions?
What is used to record historical financial transactions?
What refers to the claim of anyone to ownership?
What refers to the claim of anyone to ownership?
The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______.
The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______.
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:
Pick up the correct statement from the following:
Pick up the correct statement from the following:
Present worth Annuity (PWA) is generally known as
Present worth Annuity (PWA) is generally known as
The estimate based on a detailed quantity survey and furnishes the most accurate and reliable estimate possible is known as
The estimate based on a detailed quantity survey and furnishes the most accurate and reliable estimate possible is known as
ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method.
ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method.
Pick up the correct statement from the following:
Pick up the correct statement from the following:
What is the basic accounting equation?
What is the basic accounting equation?
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.
If there is only one seller and many buyers, the market situation is ________ .
If there is only one seller and many buyers, the market situation is ________ .
A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year?
A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year?
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:
What is defines as the analysis and evaluation of the monetary consequences by using the theories and principles of economics to engineering applications, designs and projects?
What is defines as the analysis and evaluation of the monetary consequences by using the theories and principles of economics to engineering applications, designs and projects?
Which one of the following is included in financial ratios of the firm?
Which one of the following is included in financial ratios of the firm?
All the proceeds which are received by the business as a result of the sale of goods is called ______.
All the proceeds which are received by the business as a result of the sale of goods is called ______.
In what method of computing depreciation where it assumes that the loss in value is directly proportional to the age of the equipment or asset?
In what method of computing depreciation where it assumes that the loss in value is directly proportional to the age of the equipment or asset?
What is the change in cost per unit variable change called?
What is the change in cost per unit variable change called?
All are classified under direct labor expenses EXCEPT one. Which one?
All are classified under direct labor expenses EXCEPT one. Which one?
Which of these gives the lowest effective rate of interest?
Which of these gives the lowest effective rate of interest?
A mathematical expression also known as the present value of annuity of one is called ______.
A mathematical expression also known as the present value of annuity of one is called ______.
What is the factor name of the formula [i(1+i)^n]/[((1+i)^n)-1]?
What is the factor name of the formula [i(1+i)^n]/[((1+i)^n)-1]?
A firm borrows P2,000 for 6 years at 8%. At the end of 6 years, it renews the loan for the amount due plus P2,000 more for 2 years at 8%. What is the lump sum due?
A firm borrows P2,000 for 6 years at 8%. At the end of 6 years, it renews the loan for the amount due plus P2,000 more for 2 years at 8%. What is the lump sum due?
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?
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 is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration?
What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration?
What type of bond where the corporation’s owner name are recorded and the interest is paid periodically to the owners with their asking for it?
What type of bond where the corporation’s owner name are recorded and the interest is paid periodically to the owners with their asking for it?
In case of bankruptcy of a partnership,
In case of bankruptcy of a partnership,
What market situation exists where there are few sellers and few buyers?
What market situation exists where there are few sellers and few buyers?
The sunk costs include:
The sunk costs include:
Pick up the correct statement from the following:
Pick up the correct statement from the following:
What refers to an imaginary cost representing what will not be received if a particular strategy is rejected?
What refers to an imaginary cost representing what will not be received if a particular strategy is rejected?
Pick up the correct statement from the following:
Pick up the correct statement from the following:
Which one of the following is not a construction estimate?
Which one of the following is not a construction estimate?
Pick up the correct reason for making conceptual (or preliminary) estimate from the following:
Pick up the correct reason for making conceptual (or preliminary) estimate from the following:
Mandarin Bank advertises 9.5% account that yields 9.84% annually. Find how often the interest is compounded.
Mandarin Bank advertises 9.5% account that yields 9.84% annually. Find how often the interest is compounded.
What do you call a one-time credit against taxes?
What do you call a one-time credit against taxes?
What is the type of annuity that does not have a fixed time span but continues indefinitely or forever?
What is the type of annuity that does not have a fixed time span but continues indefinitely or forever?
Using factor method, the depletion at any given year is equal to:
Using factor method, the depletion at any given year is equal to:
The person desires to pay off the amount in 10 equal annual instalments. The amount of each installment is:
The person desires to pay off the amount in 10 equal annual instalments. The amount of each installment is:
The construction estimate of a project is used by:
The construction estimate of a project is used by:
A type of bond to which are attached coupons indicating the interest due and the date when such interest is to be paid is called ______.
A type of bond to which are attached coupons indicating the interest due and the date when such interest is to be paid is called ______.
What method is often used in municipal project evaluations where benefits and costs accrue to different segments of the community?
What method is often used in municipal project evaluations where benefits and costs accrue to different segments of the community?
The wages of supervisors and material handlers are charged as:
The wages of supervisors and material handlers are charged as:
Pick up the correct statement from the following:
Pick up the correct statement from the following:
A young engineer borrowed P 10,000 at 12% interest and paid P 2,000 per annum for the last 4 years. What does he have to pay at the end of the fifth year in order to pay off his loan?
A young engineer borrowed P 10,000 at 12% interest and paid P 2,000 per annum for the last 4 years. What does he have to pay at the end of the fifth year in order to pay off his loan?
If there are many sellers and few buyers, the market situation is _________ .
If there are many sellers and few buyers, the market situation is _________ .
Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest?
Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest?
What is a government bond which has an indefinite life rather than a specific maturity?
What is a government bond which has an indefinite life rather than a specific maturity?
What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want?
What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want?
What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn?
What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn?
What refers to the ratio of the interest payment to the principal for a given unit of time and usually expressed as a percentage of the principal?
What refers to the ratio of the interest payment to the principal for a given unit of time and usually expressed as a percentage of the principal?
The ratio obtained by dividing 'quick assets' by current liabilities is called
The ratio obtained by dividing 'quick assets' by current liabilities is called
Which one of the following definitions is correct?
Which one of the following definitions is correct?
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?
The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest?
The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest?
If a seller recovers his capital along with accumulated compensating interest not in one single lump-sum payment but in periodical equal payments, over time:
If a seller recovers his capital along with accumulated compensating interest not in one single lump-sum payment but in periodical equal payments, over time:
A feasibility study shows that a fixed capital investment of P10,000,000 is required for a proposed construction firm and an estimated working capital of P2,000,000. Annual depreciation is estimated to be10% of the fixed capital investment. Determine the rate of return on the total investment if the annual profit is P3,500,000.
A feasibility study shows that a fixed capital investment of P10,000,000 is required for a proposed construction firm and an estimated working capital of P2,000,000. Annual depreciation is estimated to be10% of the fixed capital investment. Determine the rate of return on the total investment if the annual profit is P3,500,000.
A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10%.
A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10%.
Under the depletion allowance method in computing depreciation, the depletion charge is equal to either ______ whichever is smaller.
Under the depletion allowance method in computing depreciation, the depletion charge is equal to either ______ whichever is smaller.
The annuity which refers to a debt payment for recovering the initial amount or capital in equal periodical payments, is known as;
The annuity which refers to a debt payment for recovering the initial amount or capital in equal periodical payments, is known as;
The ratio of the net income before taxes to net sales is called ______.
The ratio of the net income before taxes to net sales is called ______.
What is defined as the certificate of indebtedness of corporation usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation?
What is defined as the certificate of indebtedness of corporation usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation?
The unrecovered depreciation which results due to poor estimates as to the life of the equipment is called ______.
The unrecovered depreciation which results due to poor estimates as to the life of the equipment is called ______.
What refers to the need, want or desire for a product backed by the money to purchase it?
What refers to the need, want or desire for a product backed by the money to purchase it?
What type of depreciation is due to the reduction in the demand for the function that the equipment or asset was designed to render?
What type of depreciation is due to the reduction in the demand for the function that the equipment or asset was designed to render?
One banker’s year is equivalent to ______ days.
One banker’s year is equivalent to ______ days.
What refers to the value of an intangible item which arises from the exclusive right of a company to provide a specified product and service in a certain region of the country?
What refers to the value of an intangible item which arises from the exclusive right of a company to provide a specified product and service in a certain region of the country?
What is the type of annuity where the payments are made at the beginning of the each period starting from the first period?
What is the type of annuity where the payments are made at the beginning of the each period starting from the first period?
Miss Evilla borrowed money from a bank. She receives from the bank P1,340.00 and promised to pay P1,500.00 at the end of 9 months. Determine the corresponding discount rate or often referred to as the “banker’s discount”.
Miss Evilla borrowed money from a bank. She receives from the bank P1,340.00 and promised to pay P1,500.00 at the end of 9 months. Determine the corresponding discount rate or often referred to as the “banker’s discount”.
Aggregation of individuals formed for the purpose of conducting a business and recognized by law as a fictitious person is called ______.
Aggregation of individuals formed for the purpose of conducting a business and recognized by law as a fictitious person is called ______.
In year zero, you invest P 10,000.00 in a 15% security for 5 years. During that time, the average annual inflation is 6%. How much in terms of year zero pesos will be in the account at maturity?
In year zero, you invest P 10,000.00 in a 15% security for 5 years. During that time, the average annual inflation is 6%. How much in terms of year zero pesos will be in the account at maturity?
A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method?
A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method?
What do you call any particular raw material or primary product such as cloth, wool, flour, coffee, etc.?
What do you call any particular raw material or primary product such as cloth, wool, flour, coffee, etc.?
A project construction cost estimate includes:
A project construction cost estimate includes:
The ratio of current assets to current liabilities is known as
The ratio of current assets to current liabilities is known as
What is a secondary book of accounts, the information of which is obtained from the journal is called?
What is a secondary book of accounts, the information of which is obtained from the journal is called?
Which method is adopted to develop an approximate or conceptual estimate for perimeter works for buildings from the following?
Which method is adopted to develop an approximate or conceptual estimate for perimeter works for buildings from the following?
The difference between the present and future worth of money at some time in the future is called ______.
The difference between the present and future worth of money at some time in the future is called ______.
What is the simplest form of business organization?
What is the simplest form of business organization?
Pick up the correct statement from the following:
Pick up the correct statement from the following:
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?
What is the factor name of the formula (1+i)^-n?
What is the factor name of the formula (1+i)^-n?
What refers to the goods and services that are required to support human life, needs and activities?
What refers to the goods and services that are required to support human life, needs and activities?
Which of the following is an example of intangible asset?
Which of the following is an example of intangible asset?
What type of bond is issued jointly by two or more corporations?
What type of bond is issued jointly by two or more corporations?
What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually?
What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually?
What is the type of annuity where the first payment does not begin until some later date in the cash flow?
What is the type of annuity where the first payment does not begin until some later date in the cash flow?
Which one of the following questions is relevant to the construction estimates?
Which one of the following questions is relevant to the construction estimates?
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:
What refers to the present worth of the probable future net earnings?
What refers to the present worth of the probable future net earnings?
In computing depreciation of an equipment, which of the following represents the first cost?
In computing depreciation of an equipment, which of the following represents the first cost?
The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion.
The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion.
Gross margin is the ratio of the gross profit to ______.
Gross margin is the ratio of the gross profit to ______.
What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal?
What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal?
A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount?
A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount?
By the condition of a will, the sum of P20,000 is left to a girl to be held in trust fund by her guardian until it amounts to P50,000. When will the girl receive the money if fund invested at 8% compounded quarterly?
By the condition of a will, the sum of P20,000 is left to a girl to be held in trust fund by her guardian until it amounts to P50,000. When will the girl receive the money if fund invested at 8% compounded quarterly?
The amount of company’s profit that the board of directors of the corporation decides to distribute to ordinary shareholders is called ______.
The amount of company’s profit that the board of directors of the corporation decides to distribute to ordinary shareholders is called ______.
What is another term for “unit method” for computing depletion?
What is another term for “unit method” for computing depletion?
What refers to the saving which takes place because goods are not available for consumption rather than consumer really want to save?
What refers to the saving which takes place because goods are not available for consumption rather than consumer really want to save?
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?
The functional depreciation is sometimes called ______.
The functional depreciation is sometimes called ______.
The financial health of the company is measured in terms of:
The financial health of the company is measured in terms of:
What are the two classifications of goods and services?
What are the two classifications of goods and services?
What is the effective rate corresponding to 18% compounded daily? Take 1 year is equal to 360 days.
What is the effective rate corresponding to 18% compounded daily? Take 1 year is equal to 360 days.
Each financial ratio is generally compared by
Each financial ratio is generally compared by
Pick up the correct statement from the following:
Pick up the correct statement from the following:
Pick up the ratio which gives us sufficient information by which to judge the financial condition and performance of the firm, from the following:
Pick up the ratio which gives us sufficient information by which to judge the financial condition and performance of the firm, from the following:
Pick up the correct statement regarding financial statement analysis from the following.
Pick up the correct statement regarding financial statement analysis from the following.
An association of two or more persons for the purpose of engaging into a business for profit is called ______.
An association of two or more persons for the purpose of engaging into a business for profit is called ______.
What is defined as a financial security note issued by business or corporation and by the government as a means of borrowing long-term fund?
What is defined as a financial security note issued by business or corporation and by the government as a means of borrowing long-term fund?
The process of determining the value or worth of a physical property for specific reason is called ______.
The process of determining the value or worth of a physical property for specific reason is called ______.
What is the opposite of perfect competition?
What is the opposite of perfect competition?
Pick up the correct statement from the following:
Pick up the correct statement from the following:
Which is NOT an essential element of an ordinary annuity?
Which is NOT an essential element of an ordinary annuity?
Which one of the following statements is correct?
Which one of the following statements is correct?
It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate?
It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate?
The price at which the callable bond will be redeemed from the bondholder is called ______.
The price at which the callable bond will be redeemed from the bondholder is called ______.
______ is the element of value which a business has earned through the favorable consideration and patronage of its costumers arising from its well known and well conducted policies and operations.
______ is the element of value which a business has earned through the favorable consideration and patronage of its costumers arising from its well known and well conducted policies and operations.
What is the type of annuity where the payments are made at the end of each period starting from the first period?
What is the type of annuity where the payments are made at the end of each period starting from the first period?
The flow back of profit plus depreciation form a given project is called ______.
The flow back of profit plus depreciation form a given project is called ______.
Pick up the method used for project evaluation and selection in capital budgeting from the following:
Pick up the method used for project evaluation and selection in capital budgeting from the following:
A P 1, 000, 6% bond pays dividend semiannually and will be redeemed at 110% on June 21, 204. It is bought on June 21, 2001 to yield 4% interest. Find the price of the bond.
A P 1, 000, 6% bond pays dividend semiannually and will be redeemed at 110% on June 21, 204. It is bought on June 21, 2001 to yield 4% interest. Find the price of the bond.
What refers to a document that shows proof of legal ownership of a financial security?
What refers to a document that shows proof of legal ownership of a financial security?