The depreciation during the year 'n', in diminishing balance method of depreciation calculation, is calculated by multiplying a fixed percentage 'N' to the Book value at the end of (n - 1)th year Depreciation during the (n - 1)th year Difference between initial cost and salvage value Initial cost TRUE ANSWER : ? YOUR ANSWER : ?
Cost of instrumentation in a modern chemical plant ranges from __________ percent of the total plant cost. 20 to 30 5 to 10 40 to 50 60 to 70 TRUE ANSWER : ? YOUR ANSWER : ?
An investment of Rs. 1000 is carrying an interest of 10% compounded quarterly. The value of the investment at the end of five years will be 1000 (1 + 0.1/2)5 1000 (1 + 0.1/4)20 1000 (1 + 0.1)20 1000 (1 + 0.1/4)5 TRUE ANSWER : ? YOUR ANSWER : ?
Purchased cost of equipments for a chemical process plant ranges from __________ percent of the fixed capital investment. 20 to 40 65 to 75 10 to 20 45 to 60 TRUE ANSWER : ? YOUR ANSWER : ?
Utilities cost in the operation of chemical process plant comes under the Plant overhead cost General expenses Direct production cost Fixed charges TRUE ANSWER : ? YOUR ANSWER : ?
An annuity is a series of equal payments occuring at equal time intervals, and this amount includes the sum of all payments plus interest, if allowed to accumulate at a definite rate of interest from the time of initial payment to the end of annuity term. Ordinary annuity is used in the calculation of the Cash ratio Depreciation by sinking fund method Manufacturing cost Discrete compound interest TRUE ANSWER : ? YOUR ANSWER : ?
In declining balance method of depreciation calculation, the Annual depreciation is the fixed percentage of the property value at the beginning of the particular year Value of the asset decreases linearly with time None of these Annual cost of depreciation is same every year TRUE ANSWER : ? YOUR ANSWER : ?
Chemical engineering plant cost index is used for finding the present cost of a particular chemical plant, if the cost of similar plant at some time in the past is known. The present cost of the plant = original cost x (index value/(index value at original cost was obtained) The most major component of this cost index is Pumps and compressor Fabricated equipment and machinery Process instruments and control Electrical equipments and material TRUE ANSWER : ? YOUR ANSWER : ?
Profit is equal to revenue minus Operating cost Total cost None of these Book value TRUE ANSWER : ? YOUR ANSWER : ?
Which of the following is not a component of depreciation cost? Loss due to obsolescence of the equipment Loss due to decrease in the demand of product Loss due to accident/breakdown in the machinery Repairs and maintenance cost TRUE ANSWER : ? YOUR ANSWER : ?