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.Management Sciences
Category: Engineering Economy
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 %
A uniform series of payment occurring at equal interval of time is called ____________________?
A. Annuity
B. Amortization
C. Depreciation
D. Bond
Which is true about partnership ?
A. It has a perpetual life
B. It will be dissolved if one of the partners ceases to be connected with the partnership
C. It can be handed down from one generation of partners to another
D. Its capitalization must be equal for each partner
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