What is considered as the standard unit which forms the basis of a country’s domestic money supply? Foreign exchange Monetary unit Currency Cash or check TRUE ANSWER : ? YOUR ANSWER : ?
What represents the ownership of stockholders who have a residual claim on the assets of the corporation after all other claims have been settled? Authorized capital stock Preferred stock Common stock Incorporator stock TRUE ANSWER : ? YOUR ANSWER : ?
What rate of interest compounded annually is the same as the rate of interest of 8% compounded quarterly? 0.0812 0.0816 0.0824 0.0807 TRUE ANSWER : ? YOUR ANSWER : ?
Capitalized cost of a project is also known as ______. Infinite cost Life cost Project cost Life cycle cost TRUE ANSWER : ? YOUR ANSWER : ?
A manufacturer produces certain items at a labor cost of P 115 each, material cost of P 76 each and variable cost of P 2.32 each. If the item has a unit price of P 600, how many units must be manufactured each month for the manufacturer to break even if the monthly overhead is P428,000 1,037 1,053 1,033 1,043 TRUE ANSWER : ? YOUR ANSWER : ?
Current assets less inventories divided by current liabilities is known as Current ratio Debts ratio Liquidity ratio Acid-Test (or Quick) ratio TRUE ANSWER : ? YOUR ANSWER : ?
Annuities involve: Payment at equal time intervals A series of payments All of these All payments of equal amount TRUE ANSWER : ? YOUR ANSWER : ?
Present worth Annuity (PWA) is generally known as Premium annuities Income annuities Future annuities All of these TRUE ANSWER : ? YOUR ANSWER : ?
The wages of supervisors and material handlers are charged as: Direct labour cost None of these Over head Indirect labour cost TRUE ANSWER : ? YOUR ANSWER : ?
The alternatives which are standalone solutions for given situations in engineering involve: The anticipated life of the assets The anticipated resalable value (salvage value) and the interest return (rate of return) A purchase cost (first cost) All of these TRUE ANSWER : ? YOUR ANSWER : ?