What refers to the exchange mechanism that brings together the sellers and the buyers of a product, factor of production or financial security? Store Market Mall Office TRUE ANSWER : ? YOUR ANSWER : ?
Mr. David deposits Rs 1200 now, Rs 800 two years from now and Rs 1000 five years from now. If the savings bank's rate of interest in 5%, he will receive an amount of Rs X, 10 years from now, where ‘X’ is Rs. 4413 Rs. 3415 Rs. 4826 Rs. 4225 TRUE ANSWER : ? YOUR ANSWER : ?
Double taxation is a disadvantage of which business organization? Corporation Partnership Sole proprietorship Enterprise TRUE ANSWER : ? YOUR ANSWER : ?
ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method. 9 years 7 eyars 8 years 10 years TRUE ANSWER : ? YOUR ANSWER : ?
Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 non-interest for 180 days. If discounted at once, find the proceeds of the note. P19,000 P18,900 P18,000 P19,100 TRUE ANSWER : ? YOUR ANSWER : ?
What is the market situation exist when there are many buyers and many sellers? Perfect competition Monopoly Oligopoly Oligopsony TRUE ANSWER : ? YOUR ANSWER : ?
What do you call any particular raw material or primary product such as cloth, wool, flour, coffee, etc.? Commodity Utility Necessity Stock TRUE ANSWER : ? YOUR ANSWER : ?
What is the main reason why the sinking fund method of computing depreciation is seldom used in the industry? Rate of interest cannot be exactly determined The initial depreciation is low The initial deprecation is high Unstable economy TRUE ANSWER : ? YOUR ANSWER : ?
What is the factor name of the formula [i(1+i)^n]/[((1+i)^n)-1]? Uniform series sinking fund Capital recovery Single payment present worth Uniform gradient future worth TRUE ANSWER : ? YOUR ANSWER : ?
The price at which the callable bond will be redeemed from the bondholder is called ______. Par value Call value Redemption value Face value TRUE ANSWER : ? YOUR ANSWER : ?