What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want? Goods Services Commodities Goods or commodities TRUE ANSWER : ? YOUR ANSWER : ?
A mathematical expression also known as the present value of annuity of one is called ______. Load factor Present worth factor Demand factor Sinking fund factor TRUE ANSWER : ? YOUR ANSWER : ?
What is another term for “acid-test ratio”? Price-earnings ratio Quick ratio Current ratio Profit margin ratio TRUE ANSWER : ? YOUR ANSWER : ?
The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______. Expected return Economic return Effective interest Nominal interest TRUE ANSWER : ? YOUR ANSWER : ?
Probabilistic estimating of a construction project includes: Productivity Labour Wage scale All of these TRUE ANSWER : ? YOUR ANSWER : ?
The institute of Electronics and Communications Engineers of the Philippines (IECEP) is planning to put up its own building. Two proposals being considered are:A. The construction of the building now to cost P 400,000B. The construction of a smaller building now to cost P300,000 and at the end of 5 years, an extension to be added to cost P 200,000.By how much is proposal B more economical than proposal A if interest rate is 20% and depreciation to be neglected? P 19,122.15 P 19,423.69 P 19,624.49 P 19,518.03 TRUE ANSWER : ? YOUR ANSWER : ?
Present worth Annuity (PWA) is generally known as Income annuities Premium annuities Future annuities All of these TRUE ANSWER : ? YOUR ANSWER : ?
Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest? 0.25 0.247 0.258 0.235 TRUE ANSWER : ? YOUR ANSWER : ?
The construction estimate of a project is used by: The consulting architect/engineer The owner of the facility The contractor of the project All of these TRUE ANSWER : ? YOUR ANSWER : ?
What is the factor name of the formula (1+i)^-n? Single payment compound amount Uniform gradient future worth Capital recovery Single payment present worth TRUE ANSWER : ? YOUR ANSWER : ?