What is a government bond which has an indefinite life rather than a specific maturity? Consol Coupon T-bill Debenture TRUE ANSWER : ? YOUR ANSWER : ?
The sunk costs include: An invested capital that cannot be retrieved All of these A past expenditure An unrecovered balance TRUE ANSWER : ? YOUR ANSWER : ?
What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal? Compound interest Nominal rate of interest Simple interest Effective rate of interest TRUE ANSWER : ? YOUR ANSWER : ?
A telephone switchboard 100 pair cable can be made up with either enameled wire or tinned wire. There will be 400 soldered connections. The cost of soldering a connection on the enameled wire will be P 1.65 on the tinned wire, it will be P 1.15. A 100- pair cable made up with enameled wire cost P 0.55 per linear foot and those made up of tinned wire cost P 0.75 per linear foot. Determine the length of cable run in feet so that the cost of each installation would be the same. 1,100 feet 1,000 feet 1,040 feet 1,120 feet TRUE ANSWER : ? YOUR ANSWER : ?
Which method is adopted to develop an approximate or conceptual estimate for perimeter works for buildings from the following? Base unit method Cost per square metre method Cost per function method Cost per linear metre method TRUE ANSWER : ? YOUR ANSWER : ?
It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate? 16.02 % 16.47 % 16.32 % 16.28 % TRUE ANSWER : ? YOUR ANSWER : ?
What is the type of annuity where the first payment does not begin until some later date in the cash flow? Annuity due Perpetuity Ordinary annuity Deferred annuity 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. 8 years 7 eyars 9 years 10 years TRUE ANSWER : ? YOUR ANSWER : ?
Using factor method, the depletion at any given year is equal to: Initial cost of property divided by the number of units sold during the year Initial cost of property times number of units sold during the year Initial cost of property times number of unit sold during the year divided by the total units in property Initial cost of property divided by the total units in property TRUE ANSWER : ? YOUR ANSWER : ?
What is the feature of some bonds whereby the issuer can redeem it before it matures? Return clause Callability Call class Recall clause TRUE ANSWER : ? YOUR ANSWER : ?