All the proceeds which are received by the business as a result of the sale of goods is called ______. Gross income Net revenue Total sales Net income TRUE ANSWER : ? YOUR ANSWER : ?
Which of these gives the lowest effective rate of interest? 12.20 % compounded annually 12.35 % compounded annually 11.60 % compounded annually 11.90 % compounded annually TRUE ANSWER : ? YOUR ANSWER : ?
What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Services Goods Goods or commodities Commodities TRUE ANSWER : ? YOUR ANSWER : ?
A type of bond where the corporation pledges securities which it owns such as the stock or bonds of one of its subsidiaries. Security bond Mortgage bond Collateral trust bond Joint bond TRUE ANSWER : ? YOUR ANSWER : ?
A ______ is a market situation where economies of scale are so significant that cost are only minimized when the entire output of an industry is supplied by a single producer so that the supply costs are lower under monopoly that under perfect competition. Perfect monopoly Natural monopoly Ordinary monopoly Bilateral monopoly TRUE ANSWER : ? YOUR ANSWER : ?
Pick up the correct reason for making conceptual (or preliminary) estimate from the following: To check quotations from contractors and/or sub-contractors To have a check on a definitive cost estimate To compute target estimate for the owner while drawing and specifications are in initial stage All of these TRUE ANSWER : ? YOUR ANSWER : ?
Current ratio is: (Current assets + loans)/Current liabilities None of these (Current assets + loans advances)/Current liabilities Current assets/Current liabilities TRUE ANSWER : ? YOUR ANSWER : ?
What refers to an imaginary cost representing what will not be received if a particular strategy is rejected? Horizon cost Opportunity cost Null cost Ghost cost TRUE ANSWER : ? YOUR ANSWER : ?
A P 1, 000, 6% bond pays dividend semiannually and will be redeemed at 110% on June 21, 204. It is bought on June 21, 2001 to yield 4% interest. Find the price of the bond. P 1,133.78 P 1,144.81 P 1,155.06 P 1,122.70 TRUE ANSWER : ? YOUR ANSWER : ?
As applied to capitalized asset, the distribution of the initial cost by a periodic changes to operation as in depreciation or the reduction of a debt by either periodic or irregular prearranged programs is called ______. Capital recovery Amortization Annuity Annuity factor TRUE ANSWER : ? YOUR ANSWER : ?