What refers to the cost of borrowing money or the amount earned by a unit principal per unit time? Rate of interest Yield rate Economic return Rate of return TRUE ANSWER : ? YOUR ANSWER : ?
What method is often used in municipal project evaluations where benefits and costs accrue to different segments of the community? Annual cost method Benefit-cost ratio EUAC Rate of return method TRUE ANSWER : ? YOUR ANSWER : ?
A firm borrows P2,000 for 6 years at 8%. At the end of 6 years, it renews the loan for the amount due plus P2,000 more for 2 years at 8%. What is the lump sum due? P 3,260.34 P 3,280.34 P 3,250.34 P 3,270.34 TRUE ANSWER : ? YOUR ANSWER : ?
Aside from many sellers and many buyers, which one is a characteristic of perfect competition? Homogeneous product Perfect information and absence of all economic friction Free market entry and exit All of these TRUE ANSWER : ? YOUR ANSWER : ?
A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year? P700.12 P693.12 P702.15 P705.42 TRUE ANSWER : ? YOUR ANSWER : ?
What is the feature of some bonds whereby the issuer can redeem it before it matures? Recall clause Callability Return clause Call class TRUE ANSWER : ? YOUR ANSWER : ?
What refers to the goods and services that are required to support human life, needs and activities? Necessity Luxury Producer products Consumer products TRUE ANSWER : ? YOUR ANSWER : ?
What refers to the saving which takes place because goods are not available for consumption rather than consumer really want to save? Compulsory saving All of these Forced saving Consumer saving TRUE ANSWER : ? YOUR ANSWER : ?
The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______. First cost In-place value Fixed cost Material cost TRUE ANSWER : ? YOUR ANSWER : ?
What is the increase in the money value of a capital asset is called? Capital expenditure Capital gain Profit Capital stock TRUE ANSWER : ? YOUR ANSWER : ?