Under ordinary simple interest, how many days in one year? 365 300 360 366 TRUE ANSWER : ? YOUR ANSWER : ?
The process of determining the value or worth of a physical property for specific reason is called ______. Economy Valuation Investment Depletion TRUE ANSWER : ? YOUR ANSWER : ?
A bond without any security behind them except a promise to pay by the issuing corporation is called ______. Joint bond Common bond Debenture bond Trust bond TRUE ANSWER : ? YOUR ANSWER : ?
The wages of supervisors and material handlers are charged as: Over head None of these Indirect labour cost Direct labour cost TRUE ANSWER : ? YOUR ANSWER : ?
The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now? 13 months 12 months 11 months 10 months TRUE ANSWER : ? YOUR ANSWER : ?
Miss Evilla borrowed money from a bank. She receives from the bank P1,340.00 and promised to pay P1,500.00 at the end of 9 months. Determine the corresponding discount rate or often referred to as the “banker’s discount”. 0.1346 0.1332 0.1315 0.1373 TRUE ANSWER : ? YOUR ANSWER : ?
In a cash-flow diagram: A vertical arrow pointing up indicates a positive cash flow Time 1 is considered to be the end of time period 1 All of these Time 0 is considered to be the present TRUE ANSWER : ? YOUR ANSWER : ?
What refers to the goods and services that are required to support human life, needs and activities? Consumer products Necessity Producer products Luxury TRUE ANSWER : ? YOUR ANSWER : ?
What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Goods or commodities Goods Commodities Services TRUE ANSWER : ? YOUR ANSWER : ?
A mathematical expression also known as the present value of annuity of one is called ______. Load factor Demand factor Present worth factor Sinking fund factor TRUE ANSWER : ? YOUR ANSWER : ?