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.Management Sciences
Category: Engineering Economy
What is considered as the standard unit which forms the basis of a country’s domestic money supply ?
A. Monetary unit
B. Currency
C. Foreign exchange
D. Cash or check
What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration ?
A. Seller
B. Manufacturer
C. Producer
D. Buyer or consumer
What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want ?
A. Services
B. Goods
C. Commodities
D. Goods or commodities
What refers to a document that shows proof of legal ownership of a financial security ?
A. Bond
B. Bank note
C. Coupon
D. Check
Which of these gives the lowest effective rate of interest ?
A. 12.35 % compounded annually
B. 11.90 % compounded annually
C. 12.20 % compounded annually
D. 11.60 % compounded annually
Using factor method, the depletion at any given year is equal to ?
A. Initial cost of property times number of unit sold during the year divided by the total units in property
B. Initial cost of property divided by the number of units sold during the year
C. Initial cost of property times number of units sold during the year
D. Initial cost of property divided by the total units in property
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. 11.50 %
B. 11.75 %
C. 11.95 %
D. 12.32 %
Which is true about corporation ?
A. It is worse type of business organization.
B. The minimum number of incorporators to start a corporation is three.
C. Its life is dependent on the lives of the incorporators.
D. The stock holders of the corporation are only liable to the extent of their investments.
Salvage value is sometimes known as _____________________?
A. Scrap value
B. Going value
C. Junk value
D. Second-hand value
What is the effective rate corresponding to 18% compounded daily? Take 1 year is equal to 360 days______________?
A. 19.61 %
B. 19.44 %
C. 19.31 %
D. 19.72 %
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