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.
| 101. |
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. | |
| 102. |
What refers to the exchange mechanism that brings together the sellers and the buyers of a product, factor of production or financial security? |
| A. | Mall |
| B. | Market |
| C. | Store |
| D. | Office |
| Answer» C. Store | |
| 103. |
What refers to a document that shows proof of legal ownership of a financial security? |
| A. | Bond |
| B. | Bank note |
| C. | Coupon |
| D. | Check |
| Answer» D. Check | |
| 104. |
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. | |
| 105. |
What refers to the value of an intangible item which arises from the exclusive right of a company to provide a specified product and service in a certain region of the country? |
| A. | Company value |
| B. | Going value |
| C. | Goodwill value |
| D. | Franchise value |
| Answer» E. | |
| 106. |
“Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the: |
| A. | Law of diminishing return |
| B. | Law of supply |
| C. | Law of demand |
| D. | Law of supply and demand |
| Answer» E. | |
| 107. |
“When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the: |
| A. | Law of diminishing return |
| B. | Law of supply |
| C. | Law of demand |
| D. | Law of supply and demand |
| Answer» B. Law of supply | |
| 108. |
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. | |
| 109. |
Cash money and credit necessary to establish and operate an enterprise are generally called ______. |
| A. | Capital |
| B. | Funds |
| C. | Assets |
| D. | Liabilities |
| Answer» B. Funds | |
| 110. |
What refers to the saving which takes place because goods are not available for consumption rather than consumer really want to save? |
| A. | Compulsory saving |
| B. | Consumer saving |
| C. | Forced saving |
| D. | All of the above |
| Answer» D. All of the above | |
| 111. |
What is the change in cost per unit variable change called? |
| A. | Variable cost |
| B. | Incremental cost |
| C. | Fixed cost |
| D. | Supplemental cost |
| Answer» C. Fixed cost | |
| 112. |
Current assets less inventories divided by current liabilities is known as |
| A. | Liquidity ratio |
| B. | Current ratio |
| C. | Acid-Test (or Quick) ratio |
| D. | Debts ratio |
| Answer» D. Debts ratio | |
| 113. |
The ratio of current assets to current liabilities is known as |
| A. | Liquidity ratio |
| B. | Current ratio |
| C. | Acid-Test (or Quick) ratio |
| D. | Debts ratio |
| Answer» C. Acid-Test (or Quick) ratio | |
| 114. |
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 | |
| 115. |
The unrecovered depreciation which results due to poor estimates as to the life of the equipment is called ______. |
| A. | Sunk cost |
| B. | Economic life |
| C. | In-place value |
| D. | Annuity |
| Answer» B. Economic life | |
| 116. |
A type of bond to which are attached coupons indicating the interest due and the date when such interest is to be paid is called ______. |
| A. | Registered bond |
| B. | Coupon bond |
| C. | Mortgage bond |
| D. | Collateral trust bond |
| Answer» C. Mortgage bond | |
| 117. |
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 | |
| 118. |
The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______. |
| A. | Material cost |
| B. | Fixed cost |
| C. | First cost |
| D. | In-place value |
| Answer» E. | |
| 119. |
A mathematical expression also known as the present value of annuity of one is called ______. |
| A. | Load factor |
| B. | Demand factor |
| C. | Sinking fund factor |
| D. | Present worth factor |
| Answer» E. | |
| 120. |
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 | |
| 121. |
An association of two or more persons for the purpose of engaging into a business for profit is called ______. |
| A. | Entrepreneurship |
| B. | Partnership |
| C. | Proprietorship |
| D. | Corporation |
| Answer» C. Proprietorship | |
| 122. |
The amount of company’s profit that the board of directors of the corporation decides to distribute to ordinary shareholders is called ______. |
| A. | Dividend |
| B. | Return |
| C. | Share of stock |
| D. | Equity |
| Answer» B. Return | |
| 123. |
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 | |
| 124. |
The flow back of profit plus depreciation form a given project is called ______. |
| A. | Capital recovery |
| B. | Cash flow |
| C. | Economic return |
| D. | Earning value |
| Answer» C. Economic return | |
| 125. |
A uniform series of payment occurring at equal interval of time is called ______. |
| A. | Annuity |
| B. | Amortization |
| C. | Depreciation |
| D. | Bond |
| Answer» B. Amortization | |
| 126. |
What type of bond where the corporation’s owner name are recorded and the interest is paid periodically to the owners with their asking for it? |
| A. | Preferred bond |
| B. | Registered bond |
| C. | Incorporators bond |
| D. | Callable bond |
| Answer» C. Incorporators bond | |
| 127. |
What do you call the after-tax present worth of all depreciation effects over the depreciation period of the asset? |
| A. | Asset recovery |
| B. | Depreciation recovery |
| C. | Period recovery |
| D. | After-tax recovery |
| Answer» C. Period recovery | |
| 128. |
Which of the following is an example of intangible asset? |
| A. | Cash |
| B. | Investment in subsidiary companies |
| C. | Furnitures |
| D. | Patents |
| Answer» E. | |
| 129. |
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. | |
| 130. |
A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method? |
| A. | P 2,000.00 |
| B. | P 2,100.00 |
| C. | P 2,200.00 |
| D. | P 2,300.00 |
| Answer» B. P 2,100.00 | |
| 131. |
What is used to record historical financial transactions? |
| A. | Bookkeeping system |
| B. | Ledger system |
| C. | Balance check |
| D. | General journal system |
| Answer» B. Ledger system | |
| 132. |
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 | |
| 133. |
What is a market situation whereby there is only one buyer of an item for which there is no goods substitute? |
| A. | Monopsony |
| B. | Monopoly |
| C. | Oligopoly |
| D. | Oligopsony |
| Answer» C. Oligopoly | |
| 134. |
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 | |
| 135. |
Aside from many sellers and many buyers, which one is a characteristic of perfect competition? |
| A. | Homogeneous product |
| B. | Free market entry and exit |
| C. | Perfect information and absence of all economic friction |
| D. | All of the above |
| Answer» E. | |
| 136. |
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 × (n - 1) b |
| D. | a - (n - 1) b |
| Answer» C. a × (n - 1) b | |
| 137. |
What is the term for an annuity with a fixed time span? |
| A. | Ordinary annuity |
| B. | Perpetuity |
| C. | Annuity certain |
| D. | Annuity due |
| Answer» D. Annuity due | |
| 138. |
If interest is paid more than once in a year, ‘i’ is the rate of interest per year, ‘n’ is the number of periods in years and ‘m’ is a number of periods per years, compound amount factor (CAF) is: |
| A. | (1 + i/m)n |
| B. | (1 + i/n)m |
| C. | (1 + i/n)1/m |
| D. | (1 + i/m)1/n |
| Answer» B. (1 + i/n)m | |
| 139. |
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. | √(n + i) |
| D. | None of these |
| Answer» B. (1 + i)(1/2n) | |
| 140. |
A construction estimate is used |
| A. | To judge tentatively or approximate value of the project |
| B. | To produce a statement of the approximate cost |
| C. | To decide an approximation of the value of the project and not the exact cost |
| D. | None of these |
| Answer» D. None of these | |
| 141. |
What is the present worth of a P500 annuity starting at the end of the third year and continuing to the end of the fourth year, if the annual interest rate is 10 %? |
| A. | P 727.17 |
| B. | P 717.17 |
| C. | P 714.71 |
| D. | P 731.17 |
| Answer» C. P 714.71 | |
| 142. |
Double taxation is a disadvantage of which business organization? |
| A. | Sole proprietorship |
| B. | Partnership |
| C. | Corporation |
| D. | Enterprise |
| Answer» D. Enterprise | |
| 143. |
What is the simplest form of business organization? |
| A. | Sole proprietorship |
| B. | Partnership |
| C. | Enterprise |
| D. | Corporation |
| Answer» B. Partnership | |
| 144. |
What is the present worth of two P 100 payments at the end of the third year and fourth year? The annual interest rate is 8%. |
| A. | P 150.56 |
| B. | P 152.88 |
| C. | P 153.89 |
| D. | P 151.09 |
| Answer» C. P 153.89 | |
| 145. |
Duopoly is a market situation where there is/are: |
| A. | Few sellers and few buyers |
| B. | Few sellers and many buyers |
| C. | Many sellers and few buyers |
| D. | One seller and few buyers |
| Answer» C. Many sellers and few buyers | |
| 146. |
Duopsony is a market situation where there is/are: |
| A. | Few sellers and few buyers |
| B. | Few sellers and many buyers |
| C. | Many sellers and few buyers |
| D. | One seller and few buyers |
| Answer» D. One seller and few buyers | |
| 147. |
Present worth Annuity (PWA) is generally known as |
| A. | Premium annuities |
| B. | Income annuities |
| C. | Future annuities |
| D. | All of these |
| Answer» E. | |
| 148. |
What is the feature of some bonds whereby the issuer can redeem it before it matures? |
| A. | Return clause |
| B. | Callability |
| C. | Recall clause |
| D. | Call class |
| Answer» C. Recall clause | |
| 149. |
What is another term for “perfect competition”? |
| A. | Atomistic competition |
| B. | No-limit competition |
| C. | Free-for-all competition |
| D. | Heterogeneous market |
| Answer» B. No-limit competition | |
| 150. |
The interest calculated on the basis of 365 days a year, is known as: |
| A. | Interest |
| B. | Ordinary simple interest |
| C. | Exact simple interest |
| D. | None of these |
| Answer» D. None of these | |