MATH Flashcards by Queen Violet Richards

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

call back pay

How well did you know this?

Not at all

Perfectly

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

amortization

How well did you know this?

Not at all

Perfectly

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

How well did you know this?

Not at all

Perfectly

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

balance sheet

How well did you know this?

Not at all

Perfectly

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

current ratio

How well did you know this?

Not at all

Perfectly

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

income ratio

How well did you know this?

Not at all

Perfectly

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

necessities

How well did you know this?

Not at all

Perfectly

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

economic life

How well did you know this?

Not at all

Perfectly

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

monopoly

How well did you know this?

Not at all

Perfectly

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

salvage value

How well did you know this?

Not at all

Perfectly

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

authorized capital

How well did you know this?

Not at all

Perfectly

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

Pentadecagon

How well did you know this?

Not at all

Perfectly

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

inflection point

How well did you know this?

Not at all

Perfectly

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

Helix

How well did you know this?

Not at all

Perfectly

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

option

How well did you know this?

Not at all

Perfectly

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

statute of limitations

How well did you know this?

Not at all

Perfectly

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

escheat

How well did you know this?

Not at all

Perfectly

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

equigon

How well did you know this?

Not at all

Perfectly

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

How well did you know this?

Not at all

Perfectly

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

Certified Plant Mechanic

How well did you know this?

Not at all

Perfectly

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

How well did you know this?

Not at all

Perfectly

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

vertex

How well did you know this?

Not at all

Perfectly

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

apex

How well did you know this?

Not at all

Perfectly

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

asymptotes

How well did you know this?

Not at all

Perfectly

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

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

bonafide purchaser for value

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

Chain rule

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

curve tracing

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

mandamus

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

parabola

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

implicit function

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

radius vector

Given the equations 3x^2 + 2x - 5y + 7 = 0. Determine the curve. A. Ellipse B. Parabola C. Hyperbola D. Circle

Parabola

If eccentricity is less than one, then the curve is... A. parabola B. ellipse C. hyperbola D. circle

ellipse

Of what quadrant is A, if sec A is positive and csc A is negative? A. IV B. I C. III D. II

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

hyperbola

What type of conic has equation of Ax^2 + Cy^2 + Dx + Ey + F= 0? A. circle B. parabola C. ellipse D. hyperbola

ellipse

The graph of r = a + b cosΘ is a... A. Lemniscate B. Lituus C. Limacon D. Cardioid

Limacon

4x^2 - 256 = 0 is the equation of a/an... A. parabola B. parallel lines C. circle D. ellipse

parabola

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

Supply

Work-in process is classified as: A. An asset B. A liability C. An expenses D. An owner’s equity

An asset

What is the highest position in the corporation? A. President B. Board of Directors C. Chairman of the Board D. Stockholders

Chairman of the Board

Type of ownership in business where individuals exercise and enjoy the right in their own interest. A. Equitable B. Public C. Private D. Pure

Private

Decrease in the value of a physical property due to the passage of time. A. Inflation B. Depletion C. Recession D. Depreciation

Depreciation

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

Partnership

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

Effective rate

It is defined to be the capacity of a commodity to satisfy human want. A. Discount B. Luxury C. Necessity D. Utility

Luxury

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

Market value

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

Perfect competition

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

Luxuries

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

Oligopoly

The worth of the property equals to the original cost less depreciation. A. Scrap value B. Face value C. Market value D. Book value

Book value

Money paid for the use of borrowed capital. A. Discount B. Credit C. Interest D. Profit

Interest

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

Current assets

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

Escalatory clause

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

Depreciation recovery

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

Gross margin

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

Book value

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

Working capital

A market situation where there is only one seller with many buyer. A. Monopoly B. Monopsony C. Oligopoly D. Oligopsony

Monopoly

A market situation where there are few sellers and few buyers. A. Oligopoly B. Oligopsony C. Bilateral oligopoly D. Bilateral oligopsony

Bilateral oligopoly

A market situation where there is one seller and one buyer. A. Monopoly B. Monopsony C. Bilateral monopoly D. Bilateral monopsony

Bilateral monopoly

A market situation where there are only two buyers with many sellers. A. Duopoly B. Oligopoly C. Duopsony D. Oligopsony

Duopsony

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

Time value of money

Defined as the future value minus the present value. A. Interest B. Rate of return C. Discount D. Capital

Discount

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

Cash flow

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

Economic return

The payment for the use of borrowed money is called: A. Loan B. Maturity value C. Interest D. Principal

Interest

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

Rate of return

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

Interest rate

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

Effective interest

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

Franchise value