Nominal and effective interest rates are equal, when the interest is compounded______________?

Related Mcqs:

Direct costs component of the fixed capital consists of _____________________?

A. Contingencies B. Onsite and offsite costs C. Labour costs D. Raw material costs...

Annual depreciation costs are constant, when the ______________ method of depreciation calculation is used ?

A. Declining balance B. Straight line C. Sum of the years digit D. None of these...

Scheduling provides information about the_________________?

A. Proper utilisation of machines B. Means to minimise idle time for machines C. Time of completion of job D. Time of starting of job and also about how much work should be completed during a particular period...

An annuity is a series of equal payments occuring at equal time intervals, and this amount includes the sum of all payments plus interest, if allowed to accumulate at a definite rate of interest from the time of initial payment to the end of annuity term. Ordinary annuity is used in the calculation of the__________________?

A. Manufacturing cost B. Depreciation by sinking fund method C. Discrete compound interest D. Cash ratio...

Pick out the wrong statement ?

A. Gross revenue is that total amount of capital received as a result of the sale of goods or service B. Net revenue is the total profit remaining after deducting all costs excluding taxes C. The ratio of immediately available cash to the total current liabilities is known as the cash ratio D. Consolidated income … Pick out the wrong statement ?Read More...