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.
| 51. |
One banker’s year is equivalent to ______ days. |
| A. | 300 |
| B. | 360 |
| C. | 365 |
| D. | 366 |
| Answer» C. 365 | |
| 52. |
All are classified under direct labor expenses EXCEPT one. Which one? |
| A. | Inspection cost |
| B. | Testing cost |
| C. | Assembly cost |
| D. | Supervision cost |
| Answer» E. | |
| 53. |
What is considered as the basic consuming or demanding unit of a commodity? |
| A. | Seller |
| B. | Manufacturer |
| C. | Producer |
| D. | Buyer or consumer |
| Answer» E. | |
| 54. |
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. | |
| 55. |
What represents the share of participation in business organizations? |
| A. | Franchise |
| B. | Partnership |
| C. | Stock |
| D. | Corporation |
| Answer» D. Corporation | |
| 56. |
What refers to the present worth of all the amount the bondholder will receive through his possession of the bond? |
| A. | Par value of bond |
| B. | Face value of bond |
| C. | Redeemed value of bond |
| D. | Value of bond |
| Answer» E. | |
| 57. |
What type of depreciation is due to the reduction in the demand for the function that the equipment or asset was designed to render? |
| A. | Functional depreciation |
| B. | Design depreciation |
| C. | Physical depreciation |
| D. | Demand depreciation |
| Answer» B. Design depreciation | |
| 58. |
In computing depreciation of an equipment, which of the following represents the first cost? |
| A. | The original purchase price and freight charges |
| B. | Installation expenses |
| C. | Initial taxes and permit fees |
| D. | All of the above |
| Answer» E. | |
| 59. |
The wages of supervisors and material handlers are charged as: |
| A. | Over head |
| B. | Direct labour cost |
| C. | Indirect labour cost |
| D. | None of these |
| Answer» B. Direct labour cost | |
| 60. |
______ is the element of value which a business has earned through the favorable consideration and patronage of its costumers arising from its well known and well conducted policies and operations. |
| A. | Status company |
| B. | Big income |
| C. | Known owners |
| D. | Goodwill |
| Answer» E. | |
| 61. |
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 | |
| 62. |
What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration? |
| A. | Seller |
| B. | Manufacturer |
| C. | Producer |
| D. | Buyer or consumer |
| Answer» D. Buyer or consumer | |
| 63. |
Which one of the following is not a construction estimate? |
| A. | Initial feasibility estimate |
| B. | Conceptual preliminary budget |
| C. | Definite estimate |
| D. | None of these |
| Answer» E. | |
| 64. |
A P 1, 000, 6% bond pays dividend semiannually and will be redeemed at 110% on June 21, 204. It is bought on June 21, 2001 to yield 4% interest. Find the price of the bond. |
| A. | P 1,122.70 |
| B. | P 1,144.81 |
| C. | P 1,133.78 |
| D. | P 1,155.06 |
| Answer» C. P 1,133.78 | |
| 65. |
What type of bond which can be redeemed before maturity date? |
| A. | Preferred bond |
| B. | Registered bond |
| C. | Incorporators bond |
| D. | Callable bond |
| Answer» E. | |
| 66. |
The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest? |
| A. | 3.90 % |
| B. | 3.92 % |
| C. | 3.95 % |
| D. | 3.98 % |
| Answer» B. 3.92 % | |
| 67. |
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. | |
| 68. |
Gross margin is the ratio of the gross profit to ______. |
| A. | Net sale |
| B. | Owner’s equity |
| C. | Inventory turnover |
| D. | Quick assets |
| Answer» B. Owner’s equity | |
| 69. |
If ‘S’ is the future capital accumulated in ‘n’ years at the rate of interest ‘I’ per annum, then present worth is: |
| A. | S/(1 + i)n |
| B. | S (1 + i)n |
| C. | S (1 + i)1/n |
| D. | None of these |
| Answer» B. S (1 + i)n | |
| 70. |
What is defined as the current assets minus inventories and prepaid expenses? |
| A. | Profit margin ratio |
| B. | Price-earnings ratio |
| C. | Return of investment ratio |
| D. | Quick ratio |
| Answer» E. | |
| 71. |
Each financial ratio is generally compared by |
| A. | A past ratio calculated from the past financial standard of the firm |
| B. | A ratio developed by using the projected financial statement of the firm |
| C. | A ratio of some selected firms most progressive and successful at the point of consideration |
| D. | All of these |
| Answer» E. | |
| 72. |
What is the effective rate corresponding to 18% compounded daily? Take 1 year is equal to 360 days. |
| A. | 19.61 % |
| B. | 19.44 % |
| C. | 19.31 % |
| D. | 19.72 % |
| Answer» E. | |
| 73. |
What is another term for “unit method” for computing depletion? |
| A. | Initial cost method |
| B. | Percentage method |
| C. | Factor method |
| D. | Sinking fund method |
| Answer» D. Sinking fund method | |
| 74. |
Earnings per share is the most important ratio for |
| A. | Share holders |
| B. | Banks |
| C. | Company's management |
| D. | All of these |
| Answer» E. | |
| 75. |
What is a government bond which has an indefinite life rather than a specific maturity? |
| A. | Coupon |
| B. | T-bill |
| C. | Debenture |
| D. | Consol |
| Answer» E. | |
| 76. |
In year zero, you invest P 10,000.00 in a 15% security for 5 years. During that time, the average annual inflation is 6%. How much in terms of year zero pesos will be in the account at maturity? |
| A. | P 15,030.03 |
| B. | P 20,113.57 |
| C. | P 18,289.05 |
| D. | P 16,892.34 |
| Answer» B. P 20,113.57 | |
| 77. |
What rate of interest compounded annually is the same as the rate of interest of 8% compounded quarterly? |
| A. | 8.07 % |
| B. | 8.12 % |
| C. | 8.16 % |
| D. | 8.24 % |
| Answer» E. | |
| 78. |
Which is NOT an essential element of an ordinary annuity? |
| A. | The amounts of all payments are equal. |
| B. | The payments are made at equal interval of time. |
| C. | The first payment is made at the beginning of the first period. |
| D. | Compound interest is paid on all amounts in the annuity. |
| Answer» D. Compound interest is paid on all amounts in the annuity. | |
| 79. |
What refers to the claim of anyone to ownership? |
| A. | Proprietorship |
| B. | Assets |
| C. | Equity |
| D. | Liability |
| Answer» D. Liability | |
| 80. |
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 | |
| 81. |
Which method is adopted to develop an approximate or conceptual estimate for perimeter works for buildings from the following? |
| A. | Base unit method |
| B. | Cost per function method |
| C. | Cost per square metre method |
| D. | Cost per linear metre method |
| Answer» E. | |
| 82. |
Pick up the main purpose of project cost control from the following: |
| A. | To signal immediate warning of uneconomic operations |
| B. | To provide a feed back to the estimator |
| C. | To promote cost consciousness |
| D. | All of these |
| Answer» E. | |
| 83. |
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. | |
| 84. |
Capitalized cost of a project is also known as ______. |
| A. | Infinite cost |
| B. | Life cycle cost |
| C. | Life cost |
| D. | Project cost |
| Answer» C. Life cost | |
| 85. |
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 |
| Answer» D. Economic return | |
| 86. |
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 | |
| 87. |
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 |
| Answer» D. Currency float | |
| 88. |
Pick up the ratio which gives us sufficient information by which to judge the financial condition and performance of the firm, from the following: |
| A. | Liquidity ratio |
| B. | Financial leverage ratio |
| C. | Activity ratio |
| D. | None of these |
| Answer» E. | |
| 89. |
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. | |
| 90. |
Pick up the correct statement regarding financial statement analysis from the following. |
| A. | Final analysis always involves the use of various financial statements i.e., balance sheet and income statement |
| B. | The balance sheet is the summary of assets, liabilities and owner's equity of business at a point in time |
| C. | The income statement is the summary of revenues and expenses of a firm over a particular period of time |
| D. | All the above |
| Answer» E. | |
| 91. |
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. | |
| 92. |
First Benchmark Publishing’s gross margin is 50% of sales. The operating costs of the publishing are estimated at 15% of sales. If the company is within the 40% tax bracket, determine the percent of sales is their profit after taxes? |
| A. | 21 % |
| B. | 20 % |
| C. | 19 % |
| D. | 18 % |
| Answer» B. 20 % | |
| 93. |
What type of bond whose guaranty is in lien on railroad equipment, such as freight and passenger cars, locomotives, etc.? |
| A. | Railroad bond |
| B. | Equipment obligation bond |
| C. | Equipment bond |
| D. | Equipment trust bond |
| Answer» C. Equipment bond | |
| 94. |
What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal? |
| A. | Effective rate of interest |
| B. | Nominal rate of interest |
| C. | Compound interest |
| D. | Simple interest |
| Answer» E. | |
| 95. |
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. | |
| 96. |
Mr. David deposits Rs 1200 now, Rs 800 two years from now and Rs 1000 five years from now. If the savings bank's rate of interest in 5%, he will receive an amount of Rs X, 10 years from now, where ‘X’ is |
| A. | Rs. 3415 |
| B. | Rs. 4225 |
| C. | Rs. 4413 |
| D. | Rs. 4826 |
| Answer» D. Rs. 4826 | |
| 97. |
What method is often used in municipal project evaluations where benefits and costs accrue to different segments of the community? |
| A. | Annual cost method |
| B. | Benefit-cost ratio |
| C. | Rate of return method |
| D. | EUAC |
| Answer» C. Rate of return method | |
| 98. |
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 | |
| 99. |
Annuities involve: |
| A. | A series of payments |
| B. | All payments of equal amount |
| C. | Payment at equal time intervals |
| D. | All of these |
| Answer» E. | |
| 100. |
Miss Evilla borrowed money from a bank. She receives from the bank P1,340.00 and promised to pay P1,500.00 at the end of 9 months. Determine the corresponding discount rate or often referred to as the “banker’s discount”. |
| A. | 13.15 % |
| B. | 13.32 % |
| C. | 13.46 % |
| D. | 13.73 % |
| Answer» E. | |