Which one of the following is not a construction estimate? Definite estimate Initial feasibility estimate None of these Conceptual preliminary budget 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 0.1175 0.1232 0.115 TRUE ANSWER : ? YOUR ANSWER : ?
Capitalized cost of any structure or property is computed by which formula? First cost + salvage value First cost + cost of perpetual maintenance Annual cost – interest of first cost First cost + interest of first cost TRUE ANSWER : ? YOUR ANSWER : ?
If ‘a’ is the base amount expenditure, ‘b’ is the increase in the operation cost each year over a period of’ 'n’ years, the total cost of maintenance is: a + (n + 1) b a + (n - 1) b a × (n - 1) b a - (n - 1) b TRUE ANSWER : ? YOUR ANSWER : ?
The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. 5025000 5010000 5000000 5050000 TRUE ANSWER : ? YOUR ANSWER : ?
The amount of company’s profit that the board of directors of the corporation decides to distribute to ordinary shareholders is called ______. Share of stock Return Equity Dividend 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? Manufacturer Producer Buyer or consumer Seller TRUE ANSWER : ? YOUR ANSWER : ?
What refers to the present worth of cost associated with an asset for an infinite period of time? Capitalized cost Increment cost Annual cost Operating cost TRUE ANSWER : ? YOUR ANSWER : ?
Which one of the following definitions is correct? All of these The ratio of earnings before interest and taxes for a particular reporting period to the amount of interest charges for the period is called interest coverage ratio The ratio of total debt to share holder's equity is called 'debt ratio' The ratio debt-to-total assets is called Debt-to-total assets ratio TRUE ANSWER : ? YOUR ANSWER : ?
What is another term for “unit method” for computing depletion? Factor method Initial cost method Sinking fund method Percentage method TRUE ANSWER : ? YOUR ANSWER : ?