Double taxation is a disadvantage of which business organization? Sole proprietorship Enterprise Corporation Partnership TRUE ANSWER : ? YOUR ANSWER : ?
All are classified under direct labor expenses EXCEPT one. Which one? Assembly cost Inspection cost Testing cost Supervision cost TRUE ANSWER : ? YOUR ANSWER : ?
What refers to the present worth of all the amount the bondholder will receive through his possession of the bond? Value of bond Redeemed value of bond Par value of bond Face value of bond TRUE ANSWER : ? YOUR ANSWER : ?
The price at which the callable bond will be redeemed from the bondholder is called ______. Face value Redemption value Par value Call value 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A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn.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? P705.42 P700.12 P702.15 P693.12 TRUE ANSWER : ? YOUR ANSWER : ?
What do you call any particular raw material or primary product such as cloth, wool, flour, coffee, etc.? Utility Commodity Stock Necessity 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. 0.115 0.1175 0.1195 0.1232 TRUE ANSWER : ? YOUR ANSWER : ?
In computing depreciation of an equipment, which of the following represents the first cost? Initial taxes and permit fees Installation expenses All of these The original purchase price and freight charges TRUE ANSWER : ? YOUR ANSWER : ?
A VOM has a selling price of P 400. If its selling price is expected to decline at a rate of 10% per annum due to obsolescence, what will be its selling price after 5 years? P 222.67 P 236.20 P 212.90 P 231.56 TRUE ANSWER : ? YOUR ANSWER : ?
A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even? 2712 2632 2.59 2890 TRUE ANSWER : ? YOUR ANSWER : ?