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Board Review > MATH > Flashcards

MATH Flashcards

1
Q

A term used to describe payment of an employee wherein an employee is called back to work after his regular days work

call back pay
call in pay
back wages
portal to portal pay

A

call back pay

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2
Q

Manner of liquidating a debt by installment usually at equal intervals of time
A. investment C. amortization
B. depreciation D. bonding

A

amortization

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3
Q

The reduction value and marketability due to competition from newest products
A. obsolescence C. depreciated cost
B. fixed cost D. indirect cost

A
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4
Q

Form of summary of assets, liabilities and net worth
A. production C. balance sheet
B. break even point D. balance method

A

balance sheet

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5
Q

An index of short term paying ability
A. profit margin ratio C. acid test ratio
B. current ratio D. receivable turn over

A

current ratio

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6
Q

Ratio of annual revenues to the annual expenses
A. benefit ratio C. rate of return
B. benefit cost ratio D. income ratio

A

income ratio

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7
Q

These are the products 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. luxuries C. necessities
B. utilities D. produces goods and services

A

necessities

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8
Q

The length of time during which the property maybe operated at a profit
A. length of time C. life
B. physical life D. economic life

A

economic life

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9
Q

It occurs in unique product of services and is available only from a single
supplier and entry of all possible suppliers prevented.
A. competition C. profitability
B. monopoly D. inventory

A

monopoly

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10
Q

The difference between the book value and the actual lower resale value
A. sunk cost C. resale value
B. salvage value D. fixed cost

A

salvage value

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11
Q

Grand total of the assets and operational capability of a corporation
A. earning value C. investment
B. money market D. authorized capital

A

authorized capital

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12
Q

A polygon with fifteen sides
A. Nonagon C. Pentadecagon
B. Decagon D. Dodecagon

A

Pentadecagon

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13
Q

The point where the second derivative of function is equal to zero
A. inflection point C. point of intersection
B. minima D. maxima

A

inflection point

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14
Q

A curve generated by a point which moves in uniform circular motion about an axis
while traveling with a constant speed parallel to the axis.
A. Epicycloid C. Cycloid
B. Helix D. Spiral of Archimedes

A

Helix

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15
Q

A collateral agreement in a transaction, which gives one of the parties, or both,
the right to choose a course of action. Example, option to buy a thing within a
specific period.
A. executed C. inventory
B. option D. interest

A

option

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16
Q

Statute limiting the time period in which a lawsuit may be brought
A. stipulation C tender of payment
B. statute of limitations D. nullity

A

statute of limitations

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17
Q

It is the return of the land or property to the state if there is no person legally
entitled to inherent it
A. asset C. liability
B. escheat D. cash

A

escheat

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18
Q

An equilateral polygon or sometimes known as a regular polygon.
A. equigon C. perigon
B. isogon D. decagon

A

equigon

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19
Q

The base of a number system.
A. radius C. characteristics
B. radix D. matrix

A
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20
Q 
Which is not a qualification for an applicant for ME Board Examination?
A. Certified Plant Mechanic 
B. Holder of BSME degree
C. At least 18 years of age
D. A citizen of the Philippines
A

Certified Plant Mechanic

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21
Q

A series of numbers which are perfect square such as the series ( 1,4,9,16,25…….)
A. Fermat’s numbers C. Fibonacci’s numbers
B. Euler’s numbers D. Fourier series

A
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22
Q

It is point on the axis midway between the focus and the directrix of the parabola.
A. vertex C. latus rectum
B. origin D. eccentrity

A

vertex

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23
Q

The highest point of figure with respect to the base or the plane of the base.
A. apothem C. apex
B. peak D. altitude

A

apex

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24
Q

It is straight line towards which a curve approaches but never meets.
A. directrix C. asymptotes
B. major axis D. conjugate axis

A

asymptotes

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25
Q

Consist of the totality of property belonging to a deceased person, which must be
administered and distributed in accordance with a last will and testament and/or
the laws on succession
A. payee C. title
B. tax D. estate

A
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26
Q

Used in sales or ordinary contracts, describes any person who requires property or
negotiable instruments in good faith and for valuable consideration.
A. liability C. bonafide purchaser for value
B. asset D. owner

A

bonafide purchaser for value

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27
Q

It is rule used for differentiating a function, that is , if z is function if y and
y is function of x, then dz/dx= (dz/dx)(dy/dx)
A. L. Hospital’s rule C. Crammer’s rule
B. Chain rule D. slide rule

A

Chain rule

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28
Q

The process of plotting points to give rise to the graph of a curve. It includes
the use of techniques of symmetry, maxima and minima, curvature and asymptote.
A. drafting C. dimensional analysis
B. curve tracing D. correlation

A

curve tracing

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29
Q

A court writ issued to compel the performance of a public or official duty owed
by the person to whom the order is directed.
A. arrest C. mandamus
B. bail D. payee

A

mandamus

30
Q

In a general quadratic equation, if the discriminant is zero, the curve is a figure that represent a/an…

A. parabola
B. circle
C. ellipse
D. hyperbola

A

parabola

31
Q

Equations relating x and y that cannot readily be solved explicitly for
a function of x or for x as a function of y. Such equations may needless determine y as a function of x or vice versa, such function is called…

A. logarithmic function
B. implicit function
C. explicit function
D. continuous function

A

implicit function

32
Q

In polar coordinates system, the length of the ray segment from a fixed origin is known as…

A. amplitude
B. radius vector
C. hypotenuse
D. minimum point

A

radius vector

33
Q

Given the equations 3x^2 + 2x - 5y + 7 = 0. Determine the curve.

A. Ellipse
B. Parabola
C. Hyperbola
D. Circle

A

Parabola

34
Q

If eccentricity is less than one, then the curve is…

A. parabola
B. ellipse
C. hyperbola
D. circle

A

ellipse

35
Q

Of what quadrant is A, if sec A is positive and csc A is negative?

A. IV
B. I
C. III
D. II

A

IV

36
Q

If the general equation of the conic is Ax^2 + 2Bxy +Cy^2 + Ey +F = 0 and B^2-4AC > 0, then the conic is a/an

A. circle
B. parabola
C. hyperbola
D. ellipse

A

hyperbola

37
Q

What type of conic has equation of Ax^2 + Cy^2 + Dx + Ey + F= 0?

A. circle
B. parabola
C. ellipse
D. hyperbola

A

ellipse

38
Q

The graph of r = a + b cosΘ is a…

A. Lemniscate
B. Lituus
C. Limacon
D. Cardioid

A

Limacon

39
Q

4x^2 - 256 = 0 is the equation of a/an…

A. parabola
B. parallel lines
C. circle
D. ellipse

A

parabola

40
Q

The quantity of a certain commodity that is offered for sale at a certain price at a given place and time.

A. Demand

B. Supply

C. Stocks

D. Goods

A

Supply

41
Q

Work-in process is classified as:

A. An asset

B. A liability

C. An expenses

D. An owner’s equity

A

An asset

42
Q

What is the highest position in the corporation?

A. President

B. Board of Directors

C. Chairman of the Board

D. Stockholders

A

Chairman of the Board

43
Q

Type of ownership in business where individuals exercise and enjoy the right in their own interest.

A. Equitable

B. Public

C. Private

D. Pure

A

Private

44
Q

Decrease in the value of a physical property due to the passage of time.

A. Inflation

B. Depletion

C. Recession

D. Depreciation

A

Depreciation

45
Q

An association of two or more individuals for the purpose of operating a business as co-owners for profit.

A. Sole proprietorship

B. Company

C. Partnership

D. Corporation

A

Partnership

46
Q

We may classify an interest rate, which specifies the actual rate of interest on the principal for one year as:

A. Nominal rate

B. Rate of return

C. Exact interest rate

D. Effective rate

A

Effective rate

47
Q

It is defined to be the capacity of a commodity to satisfy human want.

A. Discount

B. Luxury

C. Necessity

D. Utility

A

Luxury

48
Q

It is the amount which a willing buyer will pay to a willing seller for a property where each has equal advantage and is under no compulsion to buy or sell.

A. Fair value

B. Market value

C. Book value

D. Salvage value

A

Market value

49
Q

This occurs in a situation where a commodity or service is supplied by a number of vendors and there is nothing to prevent additional vendors entering the market.

A. Perfect competition

B. Oligopoly

C. Monopoly

D. Elastic demand

A

Perfect competition

50
Q

These are products or services that are desired by human and will be purchased if money is available after the required necessities have been obtained.

A. Utilities

B. Necessities

C. Luxuries

D. Products, goods and services

A

Luxuries

51
Q

A condition where only few individuals produce a certain product and that any action of one will lead to almost the same action of the others.

A. Oligopoly

B. Semi-monopoly

C. Monopoly

D. Perfect competition

A

Oligopoly

52
Q

The worth of the property equals to the original cost less depreciation.

A. Scrap value

B. Face value

C. Market value

D. Book value

A

Book value

53
Q

Money paid for the use of borrowed capital.

A. Discount

B. Credit

C. Interest

D. Profit

A

Interest

54
Q

Liquid assets such as cash, and other assets that can be converted quickly into cash, such as accounts receivable and merchandise are called:

A. Total assets

B. Fixed assets

C. Current assets

D. None of these

A

Current assets

55
Q

The provision in the contract that indicates the possible adjustment of material cost and labor cost.

A. Secondary cause

B. Escalatory clause

C. Contingency clause

D. Main clause

A

Escalatory clause

56
Q

The present worth of all depreciation over the economic life of the item is called

A. Book value

B. Capital recovery

C. Depreciation recovery

D. Sinking fund

A

Depreciation recovery

57
Q

Gross profit, sales less cost of goods sold, as a percentage of sales is called:

A. Profit margin

B. Gross margin

C. Net income

D. Rate of return

A

Gross margin

58
Q

Worth of the property as shown in the accounting records of an enterprise.

A. Fair value

B. Market value

C. Salvage value

D. Book value

A

Book value

59
Q

Those funds that are required to make the enterprise or project a going concern.

A. Initial investment

B. Current accounts

C. Working capital

D. Subscribed capital

A

Working capital

60
Q

A market situation where there is only one seller with many buyer.

A. Monopoly

B. Monopsony

C. Oligopoly

D. Oligopsony

A

Monopoly

61
Q

A market situation where there are few sellers and few buyers.

A. Oligopoly

B. Oligopsony

C. Bilateral oligopoly

D. Bilateral oligopsony

A

Bilateral oligopoly

62
Q

A market situation where there is one seller and one buyer.

A. Monopoly

B. Monopsony

C. Bilateral monopoly

D. Bilateral monopsony

A

Bilateral monopoly

63
Q

A market situation where there are only two buyers with many sellers.

A. Duopoly

B. Oligopoly

C. Duopsony

D. Oligopsony

A

Duopsony

64
Q

he cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will learn.

A. Present worth factor

B. Interest rate

C. Time value of money

D. Yield

A

Time value of money

65
Q

Defined as the future value minus the present value.

A. Interest

B. Rate of return

C. Discount

D. Capital

A

Discount

66
Q

The flow back of profit plus depreciation from a given project is called:

A. Capital recovery

B. Cash flow

C. Economic return

D. Earning value

A

Cash flow

67
Q

The profit derived from a project or business enterprise without consideration of obligations to financial contributors or claims of other based on profit.

A. Economic return

B. Yield

C. Earning value

D. Expected yield

A

Economic return

68
Q

The payment for the use of borrowed money is called:

A. Loan

B. Maturity value

C. Interest

D. Principal

A

Interest

69
Q

The interest rate at which the present work of the cash flow on a project is zero of the interest earned by an investment.

A. Effective rate

B. Nominal rate

C. Rate of return

D. Yield

A

Rate of return

70
Q

The ratio of the interest payment to the principal for a given unit of time and usually expressed as a percentage of the principal.

A. Interest

B. Interest rate

C. Investment

D. All of these

A

Interest rate

71
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. Interest

C. Nominal interest

D. Effective interest

A

Effective interest

72
Q

The intangible item of value from the exclusive right of a company to provide a specific product or service in a stated region of the country.

A. Market value

B. Book value

C. Goodwill value

D. Franchise value

A

Franchise value

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