Random Flashcards
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. monopoly
C. oligopoly
D. plastic demand
A. perfect competition
It is the amount that 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. use value
C. market value
D. book value
c. market value
It is defined to be the capacity of a commodity to satisfy human want.
a.discount
b. luxuries
C. utility
D. necessity
c. utility
A form or summarv or assets, !abialities, and net worth
A balance method
b. break-even point
C. balance sheet
D. production
c. balance sheet
The worth of a property, Which is equal to the original cost less depreciation, is Known as
A. earning value
R. scrap value
C. book value
d. face value
c. book value
When using net present worth calculations to compare two projects, which of the following
could invalidate the calculations?
A. mutually excusive pro ects
B. evaluation over different periods
C.non-conventional cash flows
D. difference in the magnitude of the projects
B. evaluation over different periods
As applied to capitalized asset, the distribution of the initial cost by periodic changes to operation as in depreciation or the reduction of the depth by either periodic or irregular prearranged program is called:
A. amortization
R. annuity
C. depreciation
D. capital recovery
A. amortization
Those funds that are required to make the enterprise or project a going concern.
A. banking
B. accumulated amount
C. working capital
D. Drincida or Dresent worth
c. working capital
The length of time during which the property may be operated at a profit is called:
A. life
B. length of time
C. physical life
D. economic life
D. economic life
These are product or services that are desired by humans and will be purchased if money is
available after the required necessities have been obtained.
a. utilities
b. necessisities
C. luxuries
D, producer goods and services
c. luxuries
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. utilities
b. necessisities
C. luxuries
D, producer goods and services
b. necessisities
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-oligopoly
C. monopoly
D. perfect competition
A. oligopoly
On the hoist or load block or some equality visible space of every hoist designed to lift its load vertically shall be legibly marked:
A.its electrical voltage
B, Its brand and model
C. its rated load capacity
D, Its motor hp or KW
C. its rated load capacity
The hardness of water is given in ppm (parts per million, i.e., pounds per million pounds of
water). This hardness is
A. the total number of pounds of dissolved solids in the water per million pounds of water
B. the total number of pounds of calcium and magnesium bicarbonate in the water.
C. the total number of pounds of sodium bicarbonate in the water per million pounds of water
D. the total number or pounds or salt sodium chloride) in the water per million pounds or water
B. the total number of pounds of calcium and magnesium bicarbonate in the water.
Momentum = Force x _____
A. time
b. Velocity
C. velocity^3
D. % Velocity
a. time
An instrument used for measuring specific gravity of fluids:
A. hygrometer
B. flowmeter
C. psycrometer
D. hydrometer
D. hydrometer
The recorded current value of an asset is known as
A. scrap value
B. book value
C. salvage value
D, present worth
B. book value
The ratio of the interest payment to the principal for a given unit of time and is usually expressed as a percentage of the principal is known as:
A. investment
B. nominal interest
C. interest
D. interest rate
D. interest rate
The sum of the three types of energy at any point in the system is called:
A. Bernoulli’s theorem
B. enthalpy
C. internal energy
D. pressure heads
A. Bernoulli’s theorem