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.Management Sciences
Category: Engineering Economy
What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want ?
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A. Services
B. Goods
C. Commodities
D. Goods or commodities
A bond without any security behind them except a promise to pay by the issuing corporation is called __________________?
A. Joint bond
B. Debenture bond
C. Trust bond
D. Common bond
An association of two or more persons for the purpose of engaging into a business for profit is called ____________________?
A. Entrepreneurship
B. Partnership
C. Proprietorship
D. Corporation
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 % ?
A. P 727.17
B. P 717.17
C. P 714.71
D. P 731.17
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. P 142,999.08
B. P 143,104.89
C. P 142,189.67
D. P 143,999.08
Capitalized cost of any structure or property is computed by which formula ?
A. First cost + interest of first cost
B. Annual cost – interest of first cost
C. First cost + cost of perpetual maintenance
D. First cost + salvage value
The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ____________________?
A. Currency appreciation
B. Currency depreciation
C. Currency devaluation
D. Currency float
What is a stock of a product which is held by a trade body or government as a means of regulating the price of that product ?
A. Stock pile
B. Hoard stock
C. Buffer stock
D. Withheld stock
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______________?
A. Currency appreciation
B. Currency depreciation
C. Currency devaluation
D. Currency float
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