DAY 3 Flashcards

1
Q

G
Gravitation Constant

A

const 39

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2
Q

Stefan Boltzmann constant

A

const 31

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3
Q

Co
Speed of light constant

A

const 28

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4
Q

h
Planck’s constant

A

const 06

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5
Q

Element associated with the unit seconds

A

Cesium 133

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6
Q

R, infinite
Rydberg constant

A

const 16

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7
Q

A cylinder with Platinum iridium alloy is used to define the kilogram. What is the name of the cylinder?

A

Le Grand K

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8
Q

Mass and Radius of Earth and Moon

A

Masses
EARTH: m=5.98x10^24 kg (81 * moon mass)
MOON: m=7.35x10^22 kg
Radii
EARTH: R= 6,371 km (3.67 * moon radius)
MOON: R=1,738 km

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9
Q

Single seller

A

Monopoly

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10
Q

Few sellers

A

Oligopoly

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11
Q

Traded freely

A

Perfect competition

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12
Q

Single buyer

A

Monopsony

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13
Q

Few buyers

A

Oligopsony

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14
Q

Economic system based on private ownership of businesses driven by competitive market and motivation to profit

A

Capitalism

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15
Q

Rules for Leap years

A
  1. Every 4 years
  2. Century years must be divisible by 400
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16
Q

Internal force resisting external forces per unit area

A

Stress

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17
Q

Stress that occurs when a member is loaded by an axial force.

A

normal stress

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18
Q

Force that causes layers or parts to slide upon each other in opposite directions

A

shearing stress

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19
Q

Load applied in one plane that would result in the fastener being cut into two pieces.

A

single shear

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20
Q

A failure mechanism in structural members like slabs and foundation by shear under the action of concentrated loads.

A

punching shear

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21
Q

For body subjected to uniaxial stress
Ratio: transverse strain/axial strain

A

Poisson’s ratio

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22
Q

Slope of the stress-strain diagram that is a straight line.

A

Young’s Modulus

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23
Q

Max stress developed during a simple tension that the stress is a linear function of strain.

A

proportional limit

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24
Q

Max stress possible during a simple tension such that there is no permanent or residual deformation when the load is entirely removed

A

elastic limit

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25
Q

What does it means when the material is said to be “yielding”?

A

The material has pass through elastic range and enter the plastic range

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26
Q

The region of the stress-strain curve extending from the origin to the proportional limit is called

A

elastic range

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27
Q

The region of the stress-strain curve extending from the proportional limit to the point of rupture is called

A

plastic range

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28
Q

Point at which the material will have an appreciable elongation or yielding without any increase in load.

A

yield point

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29
Q

What refers to the stress in the material at the elastic limit?

A

Yield stress

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30
Q

The maximum ordinate in the stress-strain diagram

A

ultimate strength or tensile strength

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31
Q

Work done on a unit volume of material as the force is gradually increased from the linear range

A

modulus of resilience

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32
Q

The toughness of a material is its ability to absorb energy without causing it to break.

A

modulus of toughness

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33
Q

The actual stress of a material under a given loading.

A

working stress

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34
Q

The maximum safe stress that a material can carry is termed as the _____

A

allowable stress

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35
Q

Conic Section with eccentricity = 0

A

circle

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36
Q

Conic Section with eccentricity = 1

A

parabola

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37
Q

Conic Section with eccentricity > 1

A

hyperbola

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38
Q

Conic Section with eccentricity < 1

A

Ellipse

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39
Q

A plane section of a cone depending on whether the angle that the plane makes with the base of the cone

A

Conic Sections

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40
Q

Locus of a point that moves such that the difference between its distances from two fixed points called the foci is constant.

A

Hyperbola

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41
Q

Locus of a point that moves such that the sum of its distances from two fixed points called the foci is constant.

A

Ellipse

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42
Q

Locus of a point that moves such that its distance from a fixed straight line called the directrix is equal to its distance from a fixed point called the focus.

A

Parabola

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43
Q

Water Refraction Index

A

n=1.33

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44
Q

Air Refraction Index

A

n=1

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45
Q

Ice Refraction Index

A

n=1.309

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46
Q

Rank Refraction Indexes
Solid, Liquid, Gas

A

Solid>Liquid>Gas

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47
Q

The fleeting of a beam of light which contains several frequencies on passing it through a substance whose refracted index changes with frequency.

A

Dispersion

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48
Q

Process oo filtering light that only 1, 2 or definite directions are permitted to pass through a polarizer

A

Polarization

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49
Q

A lens that brings parallel light in to a single real focal point.

A

Converging lens

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50
Q

Lens that deviate parallel light outward as it originated at a single virtual focal point

A

Diverging Lens

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51
Q

Analysis and evaluation of the monetary consequences by using the theories and principles of economics to engineering applications, designs and projects

A

Economic Analysis

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52
Q

What refers to the ratio of interest payment to the principal for a given unit of time and usually expressed as a percentage of the principal?

A

Interest rate

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53
Q

The actual or exact rate of interest rate earned each year

A

Effective rate of interest (ERI)

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54
Q

Difference between the future worth of a negotiable paper and its present worth.

A

Discount

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55
Q

Any tangible economic product that contributes directly or indirectly to the satisfaction of human want

A

Goods or commodities

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56
Q

Any tangible economic activity that contributes directly or indirectly to the satisfaction of human want

A

Services

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57
Q

Goods and services that are required to support human life, needs and activities

A

Necessity

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58
Q

The satisfaction of pleasure derived from the consumer goods and services. The power to satisfy human wants and needs.

A

Utility

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59
Q

Exchange mechanism that brings together the sellers and the buyers of a product, factor of production or financial security

A

Market

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60
Q

Amount if property if seller and buyer has equal advantage and zero compulsion to buy.

A

Market Value

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61
Q

Is what the property is worth to the owner as an operating unit

A

Utility or Use Value

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62
Q

Is the value usually determined by a disinterested third party in order to establish a price that is fair to both seller and buyer

A

Fair Value

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63
Q

What do you call the worth of property as shown in the accounting records?

A

Book value

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64
Q

Is the price that can be obtained from the sale of the property after it has been used

A

Salvage Value

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65
Q

Value of property if disposed off as junk

A

Salvage/Scrap Value

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66
Q

The simplest form of business organization

A

Sole Proprietorship

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67
Q

The profit derived from a project or business enterprise without consideration of obligations to financial contributors and claims of others based on profit is known as _____

A

Economic return

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68
Q

What refers to the lessening of the value of an asset due to the decrease in the quantity available?

A

depreciation

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69
Q

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 ______.

A

market value

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70
Q

The certificate of indebtedness of organization usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation?

A

bond

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71
Q

Document that shows proof of legal ownership of a financial security

A

Coupon

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72
Q

“When free competition exists, the price of a product will be that bale where split is equal to the demand”

A

Law of supply and demand

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73
Q

“When one of the factor of production is fixed in quantity of its difficult to increase, increasing the other factor of production will result in a less than proportionate increase in output”

A

Law of diminishing return

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74
Q

Form of market structure where the number of suppliers is used to determine the type of the market

A

Competition

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75
Q

Salvage value is also known as ____

A

Scrap value

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76
Q

What do you call any particular raw material or primary products such as cloth, wool, floor, coffee and etcetera?

A

Commodity

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77
Q

Denotes default in the exchange rate of one currency in terms of the others.

A

exchange rate

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78
Q

The deliberate lowering of the price of a nation’s currency in terms of the accepted standard.

A

Devaluation

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79
Q

Lands, buildings, plants and machineries are examples of what type of asset?

A

Fixed asset

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80
Q

Simplest type of business organization owned and controlled by single person.

A

Sole proprietorship

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81
Q

Business organization owned and controlled by two are more persons.
Bound by a partnership agreement.

A

Partnership

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82
Q

Business organization owned and controlled by ordinary shareholders.
Capital divided equally between said shareholders.

A

Corporation

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83
Q

The laws of physics are the same for all observers in any inertial frame of reference relative to one another.

A

Principle of Relativity

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84
Q

Two events, simultaneous for one observer, may not be simultaneous for another observer if the observers are in relative motion.

A

Relativity of simultaneity

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85
Q

Moving clocks are measured to tick more slowly than an observer’s “stationary” clock.

A

Time dilation

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86
Q

E = mc^2 , energy and mass are equivalent and transmutable.

A

Mass-Energy Equivalence

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87
Q

Sound waves in air are ____

A

longitudinal

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88
Q

States that the current through a conductor between two points is directly proportional to the voltage across the two points.

A

Ohm’s law

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89
Q

Mirage is due to ___

A

unequal heating of different parts of
atmosphere

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90
Q

Intensity of sound at a point is ________ its distance from the source

A

inversely proportional to square of

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91
Q

Of the four locations mentioned below the highest inside temperature will be attained in the pressure cooker operated with the pressure valve open.
a. at sea level
b. at the top of Mt. Everest
c. at a place below sea level
d. in an aeroplane flying at a height of 10km with inside pressure maintained at the sea level

A

c. at a place below sea level

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92
Q

It takes much longer to cook food in the hills than in the plains, because _____

A

in the hills the atmospheric pressure is lower than that in the plains and therefore water boils at a temperature lower than 100

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93
Q

Mercury is commonly used as a thermodynamic fluid rather than water because ____

A

mercury has greater visibility than water

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94
Q

If two bodies of different masses, initially at rest, are acted upon by the same force for the same time, then both bodies acquire the same ____

A

Momentum

95
Q

Nuclear sizes are expressed in a unit named ___

A

Fermi

96
Q

Out of the following, which is not
emitted by radioactive substances?
A. Electrons
B. Electromagnetic radiations
C. Alpha particles
D. Neutrons

A

Neutrons

97
Q

Frequency of infrasonic and ultrasonic waves

A

INFRASONIC: f<20 Hz
ULTRASONIC: f>20 Hz

98
Q

TYPICAL VELOCITIES:
electron
alpha particle
gamma ray

A

electron = 9/10 C
alpha particle = 1/20 C
gamma ray = C

Where C is light speed

99
Q

A wave where the medium oscillates in the same direction of propagation

A

Longitudinal wave
(eg sound waves)

100
Q

A wave where medium oscillates in a direction perpendicular to the direction of propagation

A

Transverse wave
(eg, guitar strings, waves on water)

101
Q

Explain Doppler Effects

A

Change in perceived frequency when speed of observer and source are not equal

102
Q

Order of highest derivative

A

Order of DE

103
Q

Power of highest derivative

A

Degree of DE

104
Q

Exponent of dependent variable and all derivatives are equal to one

A

Linearty of DE

105
Q

Set of cuyrves with similiarly formed equations but differing on one or more parameters

A

Family of Curves

106
Q

A subdivision of mechanics that is concerned with the forces that act on bodies at rest under equilibrium conditions

A

Statics

107
Q

Which of these does NOT pertain to value engineering?

A. Promotes the substitution of materials and methods with less expensive alternatives, without sacrificing functionality
B. Focused solely on the functions of various components and materials, rather than their physical attributes
C. A systematic and organized approach to provide the necessary functions in a project at the lower cost
D. A process by which projects are outlined and sequenced for the most favorable outcome.

A

B. Focused solely on the functions of various components and materials, rather than their physical attributes

108
Q

In solids, what is this that pertains to an irreversible change in the intermolecular structure of an object? This change may be due to either (or both) an applied force or a change in temperature?

A

Plastic Deformation

109
Q

A salt that is hammered into pieces is a characteristic of a material pertaining to its ___

A

brittleness

110
Q

Ability of a material to absorb energy in deformation in the plastic range is characterized as its ___

A

resilience

111
Q

Slow and progressive deformation of a material with time under constant stress is called ____

A

creep

112
Q

A type of rosette composed of three electrical resistance strain gages making angles of 0°, 60°, and 120° with the x-axis.

A

Delta

113
Q

Where shall the proper diameter for the steel shaft be based on?
A. Minimum allowable torque
B. Maximum allowable angle of twist
C. Maximum allowable compressive stress
D. Maximum allowable shear stress

A

D. Maximum allowable shear stress

114
Q

Newton’s Law of Motion:
First Law

A

Object remains in rest/ motion unless acted upon external force

115
Q

Newton’s Law of Motion:
Second Law

A

F = ma

116
Q

Newton’s Law of Motion:
Third Law

A

For every action, there is an equal and opposite reaction

117
Q

Force that effects an object the same way regardless of its path of travel

A

Conservative force

118
Q

Force the dissipates other forces

A

Nonconservative force
(friction, air resistance)

119
Q

States that the total change on potential in a close circuit is zero

A

Loop Rule

120
Q

(I,in = I,out)
States that the total current going into a junction point in a circuit equal total current out of the junction

A

Junction Rule

121
Q

States that the buoyant force for a body is equal to the fluid it displaced

A

Archimedes Principle

122
Q

Measures the average molecular kinetic energy

A

Temperature

123
Q

Ratio of speed of light in a vacuum to the speed of light in a medium

A

Index of refraction
n = Co/v

124
Q

Versine θ

A

1 - cos θ

125
Q

Vercosine θ

A

1 + cos θ

126
Q

Coversine θ

A

1 - sin θ

127
Q

Covercosine θ

A

1 + sin θ

128
Q

Haversine θ

A

1/2 (1 - cost θ)

129
Q

Hovercosine

A

1/2 (1 + cos θ)

130
Q

Hacoversine θ

A

1/2 (1 - sin θ)

131
Q

Hacovercosine θ

A

1/2 (1 + sin θ)

132
Q

LOOKSFAM
Point P is randomly chosen inside the square ABCD. Lines AP and PB are then drawn. What is the probability that angle APB is obtuse?

A

P= pi/8

133
Q

LOOKSFAM
“Here lies Diophantus,” the wonder behold… Through art algebraic, the stone tells how old: “God gave him his boyhood one-sixth of his life, One- twelfth more as youth while whiskers grew rife; And then yet one-seventh ere marriage begun; In five years there came a bouncing new son. Alas, this dear child of master and sage, Attained only half of his father’s full age. When chill fate took him — an event full of tears — Heartbroken, his father lived just four more years.” How long did Diophantus live?

A

84 years

134
Q

Parallel lines are also known as ___

A

inconsistent lines

135
Q

Perpendicular lines are said to be _____

A

both consistent and independent

136
Q

Coinciding lines are said to be ____

A

both consistent and dependent

137
Q

Approximation of an integral of curve in a graph by finite sum

A

Reimann Sum

138
Q

Phenomenon due to the presence and motion of electric charges

A

Electricity

139
Q

Occurs when a charge imbalanced object gains a net charge and spontaneously balancing itself to achieve equilibirum

A

Static Equilibrium

140
Q

Force exerted by two charges to one another.

A

Electrostatic Force

141
Q

Provides electric potential that drives the flow of current

A

Voltage source

142
Q

Current that flows in one direction

A

Direct current

143
Q

Current that flows forward and backward

A

Alternating current

144
Q

Has at least one solution

A

Consistent

145
Q

Equation that has no solution

A

Inconsistent

146
Q

Equation with multiple solutions

A

Dependent

147
Q

Equation with only solution

A

Independent

148
Q

Resistance to changes in its rotation. It depends on how far each part of the body’s mass is from its center.

A

Moment of inertia

149
Q

Another name for the shear modulus of a material is

A

Modulus of rigidity

150
Q

A simple type of stress occurs when the material body is under equal compression or tension in all directions.

A

Isotropic Stress

151
Q

The study of light and the interaction of light and matter.

A

Optics

152
Q

Ceramics can be defined as inorganic, non-metallic materials. They are typically crystalline in nature and are compounds formed between metallic and non-metallic elements. Which of these is NOT a ceramic?
A. Alumina
C. Neoprene
B. Calcia
D. Silicon Nitride

A

C. Neoprene

153
Q

The fundamental theorem of calculus makes a connection between antiderivatives and definite integrals

A

First Theorem of Calculus

154
Q

The longest lasting building material available is the one that’s been here for thousands of years
A. brick
B. stone
C. wood
D. steel

A

B. stone

155
Q

An elastomer is a polymer with viscoelastic and very weak intermolecular forces, generally having low Young’s modulus and high failure strain compared to other materials. Which of the following is NOT an elastomer?
A. Neoprene
B. Polyurethane
C. Silicone
D. Chloroprene

A

D. Chloroprene

156
Q

This analysis is to determine the point at which revenue received equals the costs associated with receiving the revenue. As a supply-side analysis, it only analyzes the costs of the sales and does NOT analyze how demand may be affected at different price levels. What is this?
A. Value analysis
B. Break-even analysis
C. Cost-benefit analysis
D. Financial analysis

A

B. Break-even analysis

157
Q

What theorem states that if g is differentiable at point x and f is differentiable at point g(x), then the composition f ◦ g is differentiable at point x?
A. Rolle’s
B. Cramer’s rule
C. chain rule
D. Euler’s

A

C. chain rule

158
Q

What is the process of recording, summarizing and reporting business transactions to provide an accurate financial position and performance?
A. Management accounting
B. General accounting
C. Financial accounting
D. Cost accounting

A

C. Financial accounting

159
Q

What problems are concerned with finding the best way to perform a task and making use of mathematical tools for solving such problems?
A. Expense volume profit analysis
B. Cost volume profit analysis
C. Break even analysis
D. Investment analysis

A

D. Investment analysis

160
Q

Which of the following pairs do not have identical dimensions ?

A. Pressure and stress
B. Work and pressure energy
C. Moment of force and momentum
D. Angular momentum and planck’s constant

A

C. Moment of force and momentum

161
Q

Which of the following properties of a wave is independent of others?
Velocity
Frequency
Amplitude
Wavelength

A

Amplitude

162
Q

It is a petty patent for new and industrially applicable technical solution

A

Utility model

163
Q

Moment of inertia is a ___ quantity

A

Tensor

164
Q

It is the additional cost of producing one more unit of a product.

a. Sunk cost
b. Marginal cost
c. Variable cost
d. Fixed cos

A

b. Marginal cost

165
Q

What is the ratio of the distance between the foci to the distance between the vertices in either hyperbola or ellipse?
a. Eccentricity
b. Latus rectum
c. Variance
d. Deviation

A

a. Eccentricity

166
Q

This is the measure of central tendency defined as the most frequent score. How do you call this measure of central tendency?
a. Median
b. Mode
c. Mean
d. Deviation

A

b. Mode

167
Q

How do you call the axis of the hyperbola that passes through the center, the foci and vertices?

a. Transverse axis
b. Conjugate Axis
c. Asymptotic axis
d. Major Axis

A

a. Transverse axis

168
Q

What do you think is the lessening of the value of an asset due to a decrease in the quantity available as a coal, oil and timber in forests?
a) Depletion
b) Amortization
c) Depreciation
d) Investment

A

a) Depletion

169
Q

What do you call the replacement of the original cost of an investment?
a) Pay off
b) Return on investment
c) Breakeven
d) Capital recovery

A

a) Pay off

170
Q

What do you think is the output or sales at which income is insufficient to equal operating cost?
a) Break even point
b) Depreciation
c) Investment
d) Cash flow

A

a) Break even point

171
Q

It is the additional cost of producing one more unit of a product.
a. Sunk cost
b. Marginal cost
c. Variable cost
d. Fixed cost

A

b. Marginal cost

172
Q

What is the quantity in addition to the economic order quantity use to anticipate sudden change of demand and the delay of the ordered quantity?
a. safety stock
b. safety allowance
c. tolerance stock
d. none of these

A

a. safety stock

173
Q

The ratio between the quick assets to the current liabilities
a. Acid test ratio
b. Current ratio
c. Working amount
d. Marginal ratio

A

a. Acid test ratio

174
Q

How do you call the line passing through the focus and perpendicular to the directrix of a parabola?

a. Latus rectum
b. Axis of the parabola
c. Transverse axis
d. Major axis

A

b. Axis of the parabola

175
Q

These are product or services that are required to support human life and activities, that will be purchased in somewhat the same quantity even though the price varies considerably.

A

Necessities

176
Q

These are product or services that are required to support human life and activities, that will be purchased in somewhat the same quantity even though the price varies considerably.

A

Convex polygon

177
Q

Which of the following products is not considered as sales tax?
a. Books
b. Meals
c. Groceries
d. Cinema tickets

A

d. Cinema tickets

178
Q

Which of the following is NOT a common factor for break even analysis?

a. Capacity utilization
b. Annual revenue and expenses
c. Rate of return
d. Interest rates

A

d. Interest rates

179
Q

It refers to the period of time in years that results in the minimum equivalent annual cost.
a. Ownership life
b. Physical life
c. Useful life
d. Economic life

A

d. Economic life

180
Q

These involve with the values for all attributes must be converted into a common measurement scales in every economic alternative.
a. Taxation scale
b. Compensatory models
c. Dimensional model
d. Cash flow

A

b. Compensatory models

181
Q

Which of the following is not described by the bond value?
a. agrees to lend the bond issuer money
b. receives periodic interest payments
c. maximizes the economic well-being
d. provides excellent commercial value

A

c. maximizes the economic well-being

182
Q

The paper currency issued by the Central Bank which forms part of the country’s money supply.
a. Treasury bills
b. Bank note
c. Check
d. Coupon

A

b. Bank note

183
Q

What is the term for an annuity with a fixed time span?
A. Ordinary annuity

B. Perpetuity

C. Annuity certain

D. Annuity due

A

C. Annuity certain

184
Q

What is the increase in the money value of a capital asset is called?
A. Profit

B. Capital gain

C. Capital expenditure

D. Capital stock

A

B. Capital gain

185
Q

What is the reduction in the money value of capital asset is called?
A. Capital expenditure

B. Capital loss

C. Loss

D. Deficit

A

B. Capital loss

186
Q

What is the main reason why the sinking fund method of computing depreciation is seldom used in the industry?
A. Unstable economy

B. Rate of interest cannot be exactly determined

C. The initial deprecation is high

D. The initial depreciation is low

A

D. The initial depreciation is low

187
Q

“When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the:
A. Law of diminishing return

B. Law of supply

C. Law of demand

D. Law of supply and demand

A

A. Law of diminishing return

188
Q

“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:
A. Law of diminishing return

B. Law of supply

C. Law of demand

D. Law of supply and demand

A

D. Law of supply and demand

189
Q

The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ______.
A. Currency appreciation

B. Currency depreciation

C. Currency devaluation

D. Currency float

A

C. Currency devaluation

190
Q

The declining balance method is also known as ______.
A. Double percentage method

B. Constant percentage method

C. Modified sinking fund method

D. Modified SYD method

A

B. Constant percentage method

191
Q

Capitalized cost of a project is also known as ______.
A. Infinite cost

B. Life cycle cost

C. Life cost

D. Project cost

A

B. Life cycle cost

192
Q

The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______.
A. Expected return

B. Nominal interest

C. Effective interest

D. Economic return

A

C. Effective interest

193
Q

The ability to meet debts as they become due is known as ______.
A. Solvency

B. Leverage

C. Insolvency

D. Liquidity

A

A. Solvency

194
Q

The ability to convert assets to cash quickly is known as ______.
A. Solvency

B. Liquidity

C. Leverage

D. Insolvency

A

B. Liquidity

195
Q

The profit derived from a project or business enterprise without consideration of obligations to financial contributors and claims of others based on profit is known as ______.
A. Yield

B. Economic return

C. Earning value

D. Gain

A

B. Economic return

196
Q

What market situation exists where there is only one buyer and only one seller?
A. Monopsony

B. Monopoly

C. Bilateral monopsony

D. Bilateral monopoly

A

D. Bilateral monopoly

197
Q

What is defined as the reduction or fall of the value of an asset due to constant use and passage of time?
A. Depletion

B. Inflation

C. Depreciation

D. Deflation

A

C. Depreciation

198
Q

What type of depreciation is due to the reduction of the physical ability of an equipment or asset to produce results?
A. Functional depreciation

B. Design depreciation

C. Physical depreciation

D. Demand depreciation

A

C. Physical depreciation

199
Q

What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties?
A. Book value

B. Market value

C. Fair value

D. Franchise value

A

C. Fair value

200
Q

What is another term for “current assets”?
A. Fixed assets

B. Non-liquid assets

C. Liquid assets

D. Cash

A

C. Liquid assets

201
Q

In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes?
A. Straight line method

B. Sinking fund method

C. Sum-of-year digit method

D. Declining balance method

A

B. Sinking fund method

202
Q

What is another term for “acid-test ratio”?
A. Current ratio

B. Quick ratio

C. Profit margin ratio

D. Price-earnings ratio

A

B. Quick ratio

203
Q

What refers to the amount of a product made available for sale?
A. Supply

B. Demand

C. Product

D. Good

A

A. Supply

204
Q

What refers to the cost of borrowing money or the amount earned by a unit principal per unit time?
A. Yield rate

B. Rate of return

C. Rate of interest

D. Economic return

A

C. Rate of interest

205
Q

What is the market situation exist when there are many buyers and many sellers?
A. Perfect competition

B. Oligopoly

C. Oligopsony

D. Monopoly

A

A. Perfect competition

206
Q

Lands, buildings, plants and machineries are example of what type of asset?
A. Current asset

B. Trade investment asset

C. Fixed asset

D. Intangible asset

A

C. Fixed asset

207
Q

What refers to the amount of money paid for the use of borrowed capital?
A. Interest

B. Rate of interest

C. Simple interest

D. Principal

A

A. Interest

208
Q

Which is true about corporation?
A. It is worse type of business organization.

B. The minimum number of incorporators to start a corporation is three.

C. Its life is dependent on the lives of the incorporators.

D. The stock holders of the corporation are only liable to the extent of their investments.

A

D. The stock holders of the corporation are only liable to the extent of their investments.

209
Q

Which is true about partnership?
A. It has a perpetual life.

B. It will be dissolved if one of the partners ceases to be connected with the partnership.

C. It can be handed down from one generation of partners to another.

D. Its capitalization must be equal for each partner.

A

C. It can be handed down from one generation of partners to another.

210
Q

Capitalized cost of any structure or property is computed by which formula?
A. First cost + interest of first cost

B. Annual cost - interest of first cost

C. First cost + cost of perpetual maintenance

D. First cost + salvage value

A

C. First cost + cost of perpetual maintenance

211
Q

The more critical (or severe) test of the firm’s liquidity can be judged by:
A. Liquidity ratio

B. Current ratio

C. Acid-Test (or Quick) ratio

D. Debts ratio

A

C. Acid-Test (or Quick) ratio

212
Q

What refers to the goods and services that are desired by human and will be acquired only after all the needs have been satisfied?
A. Producer products

B. Consumer products

C. Luxury

D. Necessity

A

C. Luxury

213
Q

What refers to the present worth of cost associated with an asset for an infinite period of time?
A. Annual cost

B. Increment cost

C. Capitalized cost

D. Operating cost

A

C. Capitalized cost

214
Q

The interest calculated on the basis of 365 days a year, is known as:
A. Interest

B. Ordinary simple interest

C. Exact simple interest

D. None of these

A

C. Exact simple interest

215
Q

What is another term for “perfect competition”?
A. Atomistic competition

B. No-limit competition

C. Free-for-all competition

D. Heterogeneous market

A

A. Atomistic competition

216
Q

Duopoly is a market situation where there is/are:
A. Few sellers and few buyers

B. Few sellers and many buyers

C. Many sellers and few buyers

D. One seller and few buyers

A

B. Few sellers and many buyers

217
Q

Duopsony is a market situation where there is/are:
A. Few sellers and few buyers

B. Few sellers and many buyers

C. Many sellers and few buyers

D. One seller and few buyers

A

C. Many sellers and few buyers

218
Q

What refers to the negotiable claim issued by a bank in lien of a term deposit?
A. Time deposit

B. Bond

C. Capital gain certificate

D. Certificate of deposit

A

D. Certificate of deposit

219
Q

What is the opposite of perfect competition?
A. Monopsony

B. Oligopoly

C. Oligopsony

D. Monopoly

A

D. Monopoly

220
Q

What is a market situation whereby there is only one buyer of an item for which there is no goods substitute?
A. Monopsony

B. Monopoly

C. Oligopoly

D. Oligopsony

A

B. Monopoly

221
Q

Oligopoly exists when there is/are:
A. Few sellers and few buyers

B. Few sellers and many buyers

C. Many sellers and few buyers

D. One seller and few buyers

A

B. Few sellers and many buyers

222
Q

What is used to record historical financial transactions?
A. Bookkeeping system

B. Ledger system

C. Balance check

D. General journal system

A

A. Bookkeeping system

223
Q

A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ______.
A. Cooperative

B. Corporation

C. Enterprise

D. Partnership

A

A. Cooperative

224
Q

The ratio of the net income before taxes to net sales is called ______.
A. Current ratio

B. Inventory turnover

C. Profit margin ratio

D. Price-earnings ratio

A

C. Profit margin ratio

225
Q

An association of two or more persons for the purpose of engaging into a business for profit is called ______.
A. Entrepreneurship

B. Partnership

C. Proprietorship

D. Corporation

A

B. Partnership

226
Q

The amount of company’s profit that the board of directors of the corporation decides to distribute to ordinary shareholders is called ______.
A. Dividend

B. Return

C. Share of stock

D. Equity

A

A. Dividend

227
Q

The difference between the present and future worth of money at some time in the future is called ______.
A. Discount

B. Deduction

C. Inflation

D. Depletion

A

A. Discount

228
Q

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 ______.
A. Fair value

B. Market value

C. Good will value

D. Book value

A

B. Market value

229
Q

The process of determining the value or worth of a physical property for specific reason is called ______.
A. Investment

B. Valuation

C. Economy

D. Depletion

A

B. Valuation

230
Q

All the proceeds which are received by the business as a result of the sale of goods is called ______.
A. Net income

B. Gross income

C. Net revenue

D. Total sales

A

B. Gross income

231
Q

The price at which the callable bond will be redeemed from the bondholder is called ______.
A. Par value

B. Call value

C. Face value

D. Redemption value

A

B. Call value

232
Q

Aggregation of individuals formed for the purpose of conducting a business and recognized by law as a fictitious person is called ______.
A. Partnership

B. Investors

C. Corporation

D. Stockholders

A

C. Corporation

233
Q

The unrecovered depreciation which results due to poor estimates as to the life of the equipment is called ______.
A. Sunk cost

B. Economic life

C. In-place value

D. Annuity

A

A. Sunk cost

234
Q

A type of bond to which are attached coupons indicating the interest due and the date when such interest is to be paid is called ______.
A. Registered bond

B. Coupon bond

C. Mortgage bond

D. Collateral trust bond

A

B. Coupon bond