Which is true about partnership?

be handed down from one generation Of partners to another

What are the common methods Of computing depletion charge?

Unit method and percentage method

The key to profitable operation for project cost control, is:

To keep the project cost within the cost budget and knowing when

Current assets/Current liabilities

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MATH TERMS MGA KOL!

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1
Capitalized cost Of a project is also known as
Life cost
Life cycle cost
Salvage value is sometimes known as
Project Cost
2
What bond whose security is a mortgage on certain specified assets of the corporation?
Mortgage bond
Registered bond
Debenture bond
Collateral trust bond
3
In a proportion of four quantities, the first and the fourth terms are referred to as
mean
extremes
median
mode
4
The logarithm of a number to the base e(2.718281828) is called:
Naperian Logarithm
Briggsian Logarithm
Mantissa
Characteristic
5
What is the simplest form of business organization?
Partnership
Sole proprietorship
Enterprise
Corporation
6
Newton's 2nd Law of Motion
M=a*f
F=a/m
F=m*a
F=m/a
7
the goods & services that are desired by human & will be acquired only after all the needs have been satisfied?
Consumer products
Necessity
Luxury
Producer products
8
BASA
Inflation
Depreciation
Depletion
Deflation
9
Basa
Perfect competition
Oligopoly
Monopoly
Oligopsony
10
What market situation exists where there is only one buyer and only one seller?
Bilateral monopsony
Bilateral monopoly
Monopoly
Monopsony
11
The project contractor relies on the cost of the estimate:
For preparation of a definitive estimate to help negotiate contract
All of these
For submission of a competitive bid for a lump-sum contract
For a unit price contract
12
Basa
Economic return
Yield
Rate Of return
Return of investment
13
a series of numbers which are perfect square numbers (1, 4, 9, ....) is called
Fermat's Series
Euler's Numbers
Fourier Series
Fibonacci Numbers
14
Angles whose sum are 90 degrees
Complementary Angles
All of these
Supplementary Angles
Explementary Angles
15
Duopsony is a market situation where there is/are:
One seller and few buyers
Income annuities Few sellers and many buyers
Many sellers and few buyers
Few sellers and few buyers
16
BASA
Economic return
Yield
Gain
Earning value
17
What refers to the amount of product made available for sale?
Demand
Good
Product
Supply
18
What is an accounting term that represents an inventory account adjustment?
Standard cost
Cost accounting
Cost of goods sold
Overhead cost
19
Evaluate the limit (1-sin²(X))^1/2 as x approaches to 0
1
0
2
indeterminate
20
____ force always acts opposite to the motion or to the tendency to move
Opposite Reaction
Coefficient
Friction
All of these
21
The true value of interest rate computed by equations for compound interest for a 1-year period is known as
Economic return
Expected return
Nominal interest
Effective interest
22
Present worth Annuity (PWA) is generally known as
All of these
Future annuities
Income annuities
Premium annuities
23
Which is true about partnership?
It has a perpetual life.
be handed down from one generation Of partners to another
Its capitalization must be equal for each partner
dissolved if one the partners ceases to be connected with the partnership.
24
What is another term for "perfect competition"?
Atomistic competition
Heterogeneous market
Free-for-all competition
No-limit competition
25
What refers to the present worth Of cost associated with an asset for an infinite period Of time?
Increment cost
Operating cost
Annual cost
Capitalized cost
26
A statement the truth of which is admitted without proof is called
Theorem
A postulate
A corollary
An axiom
27
Double taxation is a disadvantage Of which business organization?
Enterprise
Partnership
Sole proprietorship
Corporation
28
If the payment is made at the beginning of each period starting from the 1st period
Ordinary Annuity
All of these
Annuity Certain
Annuity Due
29
A number divided by Infinity is
None of these
Infinity
Zero
Indeterminate
30
In a cash flow series:
All of these
Uniform gradient signifies that an income or disbursement
Either an increase or decrease in the amount of a cash flow
The gradient in the cash flow may be positive or negative
31
B²-4AC is called the?
Discriminant
Quadratic Equation
Naa diay in ani?
Binomial Equations
32
Basa
Authorized capital stock
Common stock
Preferred stock
Incorporator stock
33
What is another term for "current assets"?
Liquid assets
Fixed assets
Non-liquid assets
Ccash
34
Angles whose sum are 180 degrees
Supplementary Angles
All of these
Complementary Angles
Explementary Angles
35
What is the market situation exist when there are many buyers and many sellers?
Perfect competition
Monopoly
Oligopoly
Oligopsony
36
What are the common methods Of computing depletion charge?
Unit method and percentage method
Conservative method and conventional method
Discrete method and depletion allowance method
Rational method and irrational method
37
The more critical (or severe) test of the firm's liquidity can be judged by:
Acid-Test (or Quick)
Liquidity ratio
Debts ratio Answer
Current ratio
38
Differentiate 4x⁵+5x⁴+10x-6
-20x4-20x3-10
20x4+20x3+10
None of these
5x4+5x3+10
39
The ability to meet debts as they become due is known as
Liquidity
Leverage
Solvency
Insolvency
40
The first payment is deferred a certain number of periods after the first.
Deferred Annuity
Ordinary Annuity
Annuity Certain
Annuity Due
41
The key to profitable operation for project cost control, is:
To keep the project cost equal to original cost estimate
To keep the project cost within the cost budget and knowing when
None of these
To keep the project cost equal to subsequent construction budget
42
What refers to the residual value of a company's assets after all outside liabilities have been allowed for?
Equity
Return
Dividend
Par value
43
Current ratio is:
Current assets/Current liabilities
(Current assets + loans advances)/Current liabilities
All of these
(Current assets + loans)/Current liabilities
44
The original record of a business transaction is recorded in this book
Account book
Work book
Ledger
Journal
45
the quartile deviation is a measure of
certainty
division
central tendency
dispersion
46
Angles whose sum are 360 degrees
All of these
Explementary Angles
Complementary Angles
Supplementary Angles
47
What is another term for "acid-test ratio"?
Quick ratio
Current ratio
Price-earnings ratio
Profit margin ratio
48
Infinity - Infinity is
None of these
Infinity
Indeterminate
Zero
49
The depletion allowance method of computing depletion is commonly known as
Factor method
Sinking fund method
Percentage method
Unit method
50
What is stock of a product which is held by a trade body or government as price Of that product?
Stockpile
Hoard stock
Buffer stock
Withheld stock
51
Is a sequence of terms whose reciprocals form an arithmetic progression
geometric progression
ratio and proportion
algebraic progression
harmonic progression
52
A construction estimate is used
To judge tentatively or approximate value of the project
To decide approximation of the value of the project and not the exact cost
None of these
To produce a statement of the approximate cost
53
The sequence of number where the succeeding term is greater than the preceding term is called:
Convergent Series
Divergent Series
Dissonant Series
Isometric Series
54
Which is true about corporation?
The minimum number of incorporators to start a corporation is three
stockholder are only liable to the extent Of their investments
Its life is dependent on the lives of the incorporators
It is worse type of business organization
55
The Logarithm of a negative number is a?
All of these
Complex Number
Irrational Number
Rational Number
56
The ability to convert assets to cash quickly is known as
Solvency
Insolvency
Liquidity
Leverage
57
What is the term for an annuity with a fixed time span?
Annuity due
Ordinary annuity
Annuity certain
Perpetuity
58
The common ratio is the ratio of:
Gross profit to net sales
Current assets to current liabilities
Net credit sales to average net receivable
Net income to owner's equity
59
What is defined as the reduction or fall of the value of an asset due to constant use and passage of time?
Depletion
Depreciation
Deflation
Inflation
60
The logarithm of 1 to any base is:
Indeterminate
Zero
Infinity
one
61
Is a Great Circle perpendicular to the Meridians
Prime Meridian
Equator
Longitude
Latitude
62
Liquidity ratios are used:
To measure a firm's ability to meet short-cut obligations
compare short term obli to short-term resources avail to meet obligations
All of these Answer
To obtain much insight into the present cash solvency of the firm and the
63
The number 0.123123123123 is
Complex
Surd
Rational
Irrational
64
Convergent series is a sequence of decreasing number/ when the succeeding term is ___ than the preceding term.
greater
half
lesser
twice
65
The declining balance method is also known as
Constant percentage method
Double percentage method
Modified SYD method
Modified sinking fund method
66
It is the characteristic of a population which is measureable
sample
variance
frequency
distribution
67
Capitalized cost of any structure or property is computed by which formula?
First cost + salvage
First cost + cost of perpetual maintenance
First cost + interest of first cost
Annual cost— interest of first cost
68
What is the main reason why the sinking fund method of computing depreciation is seldom used in the industry?
Unstable economy
The initial deprecation is low
Rate of interest cannot be exactly determined
The initial deprecation is high
69
The characteristic is equal to the exponent of 10, when number is written in:
Logarithmic
Scientific Notation
Exponential
Irrational
70
What is the feature of some bonds whereby the issuer can redeem it before it matures?
Callability
Recall clause
Return clause
Call class
71
Salvage value is sometimes known as
Junk value
Going value
Scrap value
Second-hand value
72
The deliberate lowering of the price Ofa nation's currency in terms of the accepted standard (Gold, $ or £)
Currency devaluation
Currency float
Currency depreciation
Currency appreciation
73
In cash-flow diagram:
Time 1 is considered to be the end of time period 1
Time 0 is considered to be the present
A vertical arrow pointing up indicates a positive cash flow
All of these
74
Ratio analysis of construction firm is used for analysis by:
Share holders
Firm's management
Financial analysts
Banks of the firm
75
The owner of the construction company makes use of the estimate:
To assist in financial arrangements
To determine economic feasibility of the project
All of these
To determine the capital investment costs
76
What refers to the cost of borrowing money or the amount earned by a unit principal per unit time?
Rate of return
Economic return
Rate of interest
Yield rate
77
Both architect and engineer make use of the cost estimate of the project
For site selection
For choosing alternatives
For designing of the project
All of these
78
Terms that differ ONLY in numeric coefficients are known as
equal terms
unequal terms
unlike terms
like terms
79
BASA
Law of Diminishing Return
Law of Supply
Law of Supply and Demand
Law of Demand
80
What type of depreciation is due to the reduction of the physical ability of an equipment produce results?
Functional depreciation
Physical depreciation
Demand depreciation
Design depreciation

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