The declining balance method is also known as ______. Constant percentage method Double percentage method Modified SYD method Modified sinking fund method TRUE ANSWER : ? YOUR ANSWER : ?
The estimate based on a detailed quantity survey and furnishes the most accurate and reliable estimate possible is known as Probabilistic estimate Definitive estimate Conceptual estimate None of these TRUE ANSWER : ? YOUR ANSWER : ?
“Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the: Law of demand Law of diminishing return Law of supply Law of supply and demand TRUE ANSWER : ? YOUR ANSWER : ?
What is the reduction in the money value of capital asset is called? Deficit Loss Capital loss Capital expenditure TRUE ANSWER : ? YOUR ANSWER : ?
The price at which the callable bond will be redeemed from the bondholder is called ______. Call value Redemption value Par value Face value TRUE ANSWER : ? YOUR ANSWER : ?
Aside from many sellers and many buyers, which one is a characteristic of perfect competition? Homogeneous product All of these Perfect information and absence of all economic friction Free market entry and exit TRUE ANSWER : ? YOUR ANSWER : ?
What annuity is required over 12 years to equate with a future amount of P 20,000? Assume i= 6% annually. P 1,107.34 P 1,185.54 P 1,205.74 P 1,290.34 TRUE ANSWER : ? YOUR ANSWER : ?
What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration? Seller Producer Manufacturer Buyer or consumer TRUE ANSWER : ? YOUR ANSWER : ?
What refers to the present worth of the probable future net earnings? Total fair value Going concern value Total market value Earning value TRUE ANSWER : ? YOUR ANSWER : ?
Earnings per share is the most important ratio for Banks All of these Share holders Company's management TRUE ANSWER : ? YOUR ANSWER : ?