MCQOPTIONS
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MCQOPTIONS
This section includes 431 Mcqs, each offering curated multiple-choice questions to sharpen your Civil Engineering knowledge and support exam preparation. Choose a topic below to get started.
| 301. |
A person buys a piece of lot for P 100,000 downpayment and 10 deferred semi-annual payments of P 8,000 each, starting three years from now. What is the present value of the investment if the rate of interest is 12% compounded semi-annually?$? |
| A. | P 142,999.08 |
| B. | P 143,104.89 |
| C. | P 142,189.67 |
| D. | P 143,999.08 |
| Answer» E. | |
| 302. |
If ‘a’ is the base amount expenditure, ‘b’ is the increase in the operation cost each year over a period of’ 'n’ years, the total cost of maintenance is:$? |
| A. | a + (n + 1) b |
| B. | a + (n - 1) b |
| C. | a √ó (n - 1) b |
| D. | a - (n - 1) b |
| Answer» C. a ‚àö√≥ (n - 1) b | |
| 303. |
What is the simplest form of business organization?$? |
| A. | Sole proprietorship |
| B. | Partnership |
| C. | Enterprise |
| D. | Corporation |
| Answer» B. Partnership | |
| 304. |
Capitalized cost of any structure or property is computed by which formula?$? |
| 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 |
| Answer» D. First cost + salvage value | |
| 305. |
In case of bankruptcy of a partnership,$? |
| A. | The partners are not liable for the liabilities of the partnership |
| B. | The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities |
| C. | The partners personal assets are attached to the debt of the partnership |
| D. | The partners nay sell stock to generate additional capital |
| Answer» C. The partners personal assets are attached to the debt of the partnership | |
| 306. |
The annuity which refers to a debt payment for recovering the initial amount or capital in equal periodical payments, is known as;$? |
| A. | Present Worth Annuity |
| B. | Sinking fund annuity |
| C. | Compound annuity |
| D. | Capital recovery annuity |
| Answer» E. | |
| 307. |
The sunk costs include:$? |
| A. | A past expenditure |
| B. | An unrecovered balance |
| C. | An invested capital that cannot be retrieved |
| D. | All of these |
| Answer» E. | |
| 308. |
The financial analysis:$? |
| A. | Helps a share holder to compare the expected return on his investment in the firm against the expected return from other alternative investment |
| B. | Helps a bank to know the financial position of the firm for granting a loan to the firm |
| C. | Helps to judge the success of the firm's financial plans |
| D. | All of these |
| Answer» E. | |
| 309. |
A young engineer borrowed P 10,000 at 12% interest and paid P 2,000 per annum for the last 4 years. What does he have to pay at the end of the fifth year in order to pay off his loan?$? |
| A. | P 6,999.39 |
| B. | P 6,292.93 |
| C. | P 6,222.39 |
| D. | P 6,922.93 |
| Answer» E. | |
| 310. |
By the condition of a will, the sum of P20,000 is left to a girl to be held in trust fund by her guardian until it amounts to P50,000. When will the girl receive the money if fund invested at 8% compounded quarterly?$? |
| A. | 11.23 years |
| B. | 11.46 years |
| C. | 11.57 years |
| D. | 11.87 years |
| Answer» D. 11.87 years | |
| 311. |
What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want?$? |
| A. | Services |
| B. | Goods |
| C. | Commodities |
| D. | Goods or commodities |
| Answer» B. Goods | |
| 312. |
Pick up the correct reason for making conceptual (or preliminary) estimate from the following:$? |
| A. | To have a check on a definitive cost estimate |
| B. | To check quotations from contractors and/or sub-contractors |
| C. | To compute target estimate for the owner while drawing and specifications are in initial stage |
| D. | All of these |
| Answer» E. | |
| 313. |
If a seller recovers his capital along with accumulated compensating interest not in one single lump-sum payment but in periodical equal payments, over time:$? |
| A. | Capital Recovery Annuity fs availed |
| B. | Present work Annuity is availed |
| C. | Sinking Fund Annuity is availed |
| D. | Sinking Fund Annuity is availed |
| Answer» B. Present work Annuity is availed | |
| 314. |
Pick up the element of the cost from the following:$? |
| A. | Direct material |
| B. | Direct labour |
| C. | Over head |
| D. | All of these |
| Answer» E. | |
| 315. |
The construction estimate of a project is used by:$? |
| A. | The owner of the facility |
| B. | The consulting architect/engineer |
| C. | The contractor of the project |
| D. | All of these |
| Answer» E. | |
| 316. |
Under the depletion allowance method in computing depreciation, the depletion charge is equal to either ______ whichever is smaller.$? |
| A. | Fixed percentage of gross income or the net taxable income |
| B. | Fixed percentage of gross income or 50% of the net taxable income |
| C. | 50% of the fixed percentage of gross income or 50% of the net taxable income |
| D. | 50% of the fixed percentage of gross income or the net taxable income |
| Answer» C. 50% of the fixed percentage of gross income or 50% of the net taxable income | |
| 317. |
What is defined as a financial security note issued by business or corporation and by the government as a means of borrowing long-term fund?$? |
| A. | T-bills |
| B. | Securities |
| C. | Bond |
| D. | Bank notes |
| Answer» D. Bank notes | |
| 318. |
The alternatives which are standalone solutions for given situations in engineering involve:$? |
| A. | A purchase cost (first cost) |
| B. | The anticipated life of the assets |
| C. | The anticipated resalable value (salvage value) and the interest return (rate of return) |
| D. | All of these |
| Answer» E. | |
| 319. |
A P 1,000,000 issue of 3%, 15-year bond was sold at 95%. What is the rate of interest of this investment?$? |
| A. | 3.0% |
| B. | 3.4% |
| C. | 3.7% |
| D. | 4.0% |
| Answer» B. 3.4% | |
| 320. |
What bond whose security is a mortgage on certain specified assets of the corporation?$? |
| A. | Registered bond |
| B. | Collateral trust bond |
| C. | Mortgage bond |
| D. | Debenture bond |
| Answer» D. Debenture bond | |
| 321. |
What is the main reason why the sinking fund method of computing depreciation is seldom used in the industry?$? |
| A. | Unstable economy |
| B. | Rate of interest cannot be exactly determined |
| C. | The initial deprecation is high |
| D. | The initial depreciation is low |
| Answer» E. | |
| 322. |
If ‘P’ is principal amount, ‘I’ is the rate of interest per annum and ‘n’ is the number of periods in years, the compound amount factor (CAF) is:$? |
| A. | (1 + i)n |
| B. | (1 + i)(1/2n) |
| C. | ‚à ö(n + i) |
| D. | None of these |
| Answer» B. (1 + i)(1/2n) | |
| 323. |
The key to profitable operation for project cost control, is:$? |
| A. | To keep the project cost equal to original cost estimate |
| B. | To keep the project cost equal to subsequent construction budget |
| C. | To keep the project cost within the cost budget and knowing when and where job costs are deviating |
| D. | None of these |
| Answer» D. None of these | |
| 324. |
What refers to the residual value of a company’s assets after all outside liabilities (shareholders excluded) have been allowed for?$? |
| A. | Dividend |
| B. | Equity |
| C. | Return |
| D. | Par value |
| Answer» C. Return | |
| 325. |
The product of CAF (S P) and PWF (S P) is:$? |
| A. | 1/2 |
| B. | 1 |
| C. | 1/3 |
| D. | 1/4 |
| Answer» C. 1/3 | |
| 326. |
In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes?$? |
| A. | Straight line method |
| B. | Sinking fund method |
| C. | Sum-of-year digit method |
| D. | Declining balance method |
| Answer» C. Sum-of-year digit method | |
| 327. |
The ability to convert assets to cash quickly is known as ______.$? |
| A. | Solvency |
| B. | Liquidity |
| C. | Leverage |
| D. | Insolvency |
| Answer» C. Leverage | |
| 328. |
The declining balance method is also known as ______.$? |
| A. | Double percentage method |
| B. | Constant percentage method |
| C. | Modified sinking fund method |
| D. | Modified SYD method |
| Answer» C. Modified sinking fund method | |
| 329. |
What is defined as the reduction or fall of the value of an asset due to constant use and passage of time?$? |
| A. | Depletion |
| B. | Inflation |
| C. | Depreciation |
| D. | Deflation |
| Answer» D. Deflation | |
| 330. |
What is a stock of a product which is held by a trade body or government as a means of regulating the price of that product?$? |
| A. | Stock pile |
| B. | Hoard stock |
| C. | Buffer stock |
| D. | Withheld stock |
| Answer» D. Withheld stock | |
| 331. |
What is the type of annuity that does not have a fixed time span but continues indefinitely or forever?$? |
| A. | Ordinary annuity |
| B. | Perpetuity |
| C. | Annuity due |
| D. | Deferred annuity |
| Answer» C. Annuity due | |
| 332. |
The difference between the present and future worth of money at some time in the future is called ______.$? |
| A. | Discount |
| B. | Deduction |
| C. | Inflation |
| D. | Depletion |
| Answer» B. Deduction | |
| 333. |
As applied to capitalized asset, the distribution of the initial cost by a periodic changes to operation as in depreciation or the reduction of a debt by either periodic or irregular prearranged programs is called ______.$? |
| A. | Annuity |
| B. | Amortization |
| C. | Capital recovery |
| D. | Annuity factor |
| Answer» C. Capital recovery | |
| 334. |
Aggregation of individuals formed for the purpose of conducting a business and recognized by law as a fictitious person is called ______.$? |
| A. | Partnership |
| B. | Investors |
| C. | Corporation |
| D. | Stockholders |
| Answer» D. Stockholders | |
| 335. |
A bond without any security behind them except a promise to pay by the issuing corporation is called ______.$? |
| A. | Joint bond |
| B. | Debenture bond |
| C. | Trust bond |
| D. | Common bond |
| Answer» C. Trust bond | |
| 336. |
The financial health of the company is measured in terms of:$? |
| A. | Liquidity |
| B. | Solvency |
| C. | Relative risk |
| D. | All of the above |
| Answer» E. | |
| 337. |
Which one of the following questions is relevant to the construction estimates?$? |
| A. | Did the estimators precisely evaluate site conditions |
| B. | Did the estimators use short cut methods which may be unrealistic in their situation |
| C. | How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost |
| D. | All of these |
| Answer» E. | |
| 338. |
What refers to an imaginary cost representing what will not be received if a particular strategy is rejected?? |
| A. | Opportunity cost |
| B. | Ghost cost |
| C. | Horizon cost |
| D. | Null cost |
| Answer» B. Ghost cost | |
| 339. |
A project construction cost estimate includes:? |
| A. | The labour and material cost |
| B. | The equipment and over head cost |
| C. | The profit of the contractor |
| D. | All of these |
| Answer» E. | |
| 340. |
Return on investment ratio is the ratio of the:? |
| A. | Net income to owner’s equity |
| B. | Market price per share to earnings per share |
| C. | Cost of goods sold to average cost of inventory at hand |
| D. | Net credit sales to average net receivable |
| Answer» B. Market price per share to earnings per share | |
| 341. |
A manufacturer produces certain items at a labor cost of P 115 each, material cost of P 76 each and variable cost of P 2.32 each. If the item has a unit price of P 600, how many units must be manufactured each month for the manufacturer to break even if the monthly overhead is P428,000? |
| A. | 1,033 |
| B. | 1,037 |
| C. | 1,043 |
| D. | 1,053 |
| Answer» E. | |
| 342. |
Which of these gives the lowest effective rate of interest?? |
| A. | 12.35 % compounded annually |
| B. | 11.90 % compounded annually |
| C. | 12.20 % compounded annually |
| D. | 11.60 % compounded annually |
| Answer» E. | |
| 343. |
The estimate based on a detailed quantity survey and furnishes the most accurate and reliable estimate possible is known as? |
| A. | Conceptual estimate |
| B. | Definitive estimate |
| C. | Probabilistic estimate |
| D. | None of these |
| Answer» C. Probabilistic estimate | |
| 344. |
What market situation exists where there are few sellers and few buyers?? |
| A. | Oligopoly |
| B. | Oligopsony |
| C. | Bilateral oligopoly |
| D. | Bilateral Oligopsony |
| Answer» D. Bilateral Oligopsony | |
| 345. |
Which one of the following questions is relevant to the construction estimates?? |
| A. | Did the estimators precisely evaluate site conditions |
| B. | Did the estimators use short cut methods which may be unrealistic in their situation |
| C. | How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost |
| D. | All of these |
| Answer» E. | |
| 346. |
The financial health of the company is measured in terms of:? |
| A. | Liquidity |
| B. | Solvency |
| C. | Relative risk |
| D. | All of the above |
| Answer» E. | |
| 347. |
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.? |
| A. | $ 5,000,000.00 |
| B. | $ 5,010,000.00 |
| C. | $ 5,025,000.00 |
| D. | $ 5,050,000.00 |
| Answer» B. $ 5,010,000.00 | |
| 348. |
What is a measure of the average speed with which accounts receivable are collected? |
| A. | Current ratio |
| B. | Quick ratio |
| C. | Acid test ratio |
| D. | Receivable turnover |
| Answer» E. | |
| 349. |
What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually? |
| A. | P 7,654.04 |
| B. | P 7,731.29 |
| C. | P 7,420.89 |
| D. | P 7,590.12 |
| Answer» C. P 7,420.89 | |
| 350. |
A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities. |
| A. | Sole proprietorship |
| B. | Entrepreneurship |
| C. | Partnership |
| D. | Corporation |
| Answer» B. Entrepreneurship | |