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.Management Sciences
Category: Engineering Economy
The original record of a business transaction is recorded in this book_____________?
A. Work book
B. Journal
C. Ledger
D. Account book
Perfect monopoly exists only if_______________?
A. the single vendor can prevent the entry of all other vendors in the market
B. the single vendor gets the absolute franchise of the product
C. the single vendor is the only one who has the permit to sell
D. the single vendor is the only one who has the knowledge of the product
What is defined as the current assets minus inventories and prepaid expenses ?
A. Profit margin ratio
B. Price-earnings ratio
C. Return of investment ratio
D. Quick ratio
What is the factor name of the formula (1+i)^-n ?
A. Uniform gradient future worth
B. Capital recovery
C. Single payment present worth
D. Single payment compound amount
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%?
A. P 9,358.41
B. P 9,228.45
C. P 9,250.00
D. P 9,308.45
What is the type of annuity where the payments are made at the end of each period starting from the first period ?
A. Ordinary annuity
B. Perpetuity
C. Annuity due
D. Deferred annuity
In computing depreciation of an equipment, which of the following represents the first cost ?
A. The original purchase price and freight charges
B. Installation expenses
C. Initial taxes and permit fees
D. All of the above
What refers to the amount of a product made available for sale ?
A. Supply
B. Demand
C. Product
D. Good
What refers to the present worth of cost associated with an asset for an infinite period of time ?
A. Annual cost
B. Increment cost
C. Capitalized cost
D. Operating cost
The process of determining the value or worth of a physical property for specific reason is called ____________________?
A. Investment
B. Valuation
C. Economy
D. Depletion
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