What is considered as the standard unit which forms the basis of a country’s domestic money supply? Cash or check Currency Foreign exchange Monetary unit TRUE ANSWER : ? YOUR ANSWER : ?
The construction manager uses the estimate of the project To control the project during its construction All of these To develop bids on the project To tell the owner of the project to take his/her financial decision TRUE ANSWER : ? YOUR ANSWER : ?
A farmer selling eggs at 50 pesos a dozen gains 20%. If he sells the eggs at the same price after the costs of the eggs rises by 12.5%, how much will be his new gain in percent? 0.0612 0.0689 0.0665 0.0658 TRUE ANSWER : ? YOUR ANSWER : ?
ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method. 9 years 10 years 7 eyars 8 years TRUE ANSWER : ? YOUR ANSWER : ?
What type of bond whose guaranty is in lien on railroad equipment, such as freight and passenger cars, locomotives, etc.? Equipment bond Equipment trust bond Railroad bond Equipment obligation bond TRUE ANSWER : ? YOUR ANSWER : ?
Capitalized cost of a project is also known as ______. Project cost Life cycle cost Life cost Infinite cost TRUE ANSWER : ? YOUR ANSWER : ?
What is the present worth of a P500 annuity starting at the end of the third year and continuing to the end of the fourth year, if the annual interest rate is 10 %? P 714.71 P 717.17 P 731.17 P 727.17 TRUE ANSWER : ? YOUR ANSWER : ?
______ is the element of value which a business has earned through the favorable consideration and patronage of its costumers arising from its well known and well conducted policies and operations. Status company Goodwill Big income Known owners TRUE ANSWER : ? YOUR ANSWER : ?
What is defined as the current assets minus inventories and prepaid expenses? Profit margin ratio Price-earnings ratio Return of investment ratio Quick ratio TRUE ANSWER : ? YOUR ANSWER : ?
The amount of property in which a willing buyer to a willing seller for the property when neither one is under the compulsion to buy nor to sell is called ______. Good will value Market value Book value Fair value TRUE ANSWER : ? YOUR ANSWER : ?