Is an artificial being created by operation of law, having the right of succession and the process, attributes and properties expressly authorized by the law or incident to its existence. Corporation Property Organization Partnership TRUE ANSWER : ? YOUR ANSWER : ?
Pick up the ratio which gives us sufficient information by which to judge the financial condition and performance of the firm, from the following: Activity ratio Financial leverage ratio None of these Liquidity ratio TRUE ANSWER : ? YOUR ANSWER : ?
Which method is adopted to develop an approximate or conceptual estimate for perimeter works for buildings from the following? Cost per square metre method Base unit method Cost per linear metre method Cost per function method TRUE ANSWER : ? YOUR ANSWER : ?
A man invested P110,000 for 31 days. The net interest after deducting 20% withholding tax is P890.36. Find the rate of return annually. 0.1195 0.115 0.1175 0.1232 TRUE ANSWER : ? YOUR ANSWER : ?
If ‘P’ is principal amount, ‘I’ is the rate of interest per annum and ‘n’ is the number of periods in years, the compound amount factor (CAF) is: None of these √(n + i) (1 + i)n (1 + i)(1/2n) TRUE ANSWER : ? YOUR ANSWER : ?
The annuity which refers to a debt payment for recovering the initial amount or capital in equal periodical payments, is known as; Compound annuity Capital recovery annuity Sinking fund annuity Present Worth Annuity TRUE ANSWER : ? YOUR ANSWER : ?
Current ratio is: None of these (Current assets + loans)/Current liabilities (Current assets + loans advances)/Current liabilities Current assets/Current liabilities TRUE ANSWER : ? YOUR ANSWER : ?
The flow back of profit plus depreciation form a given project is called ______. Capital recovery Earning value Economic return Cash flow TRUE ANSWER : ? YOUR ANSWER : ?
A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method? P 2,000.00 P 2,100.00 P 2,200.00 P 2,300.00 TRUE ANSWER : ? YOUR ANSWER : ?
Pick up the main purpose of project cost control from the following: To provide a feed back to the estimator To promote cost consciousness To signal immediate warning of uneconomic operations All of these TRUE ANSWER : ? YOUR ANSWER : ?