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.
| 251. |
_ Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 non-interest for 180 days. If discounted at once, find the proceeds of the note.$? |
| A. | P18,000 |
| B. | P18,900 |
| C. | P19,000 |
| D. | P19,100 |
| Answer» B. P18,900 | |
| 252. |
_ A ______ is a market situation where economies of scale are so significant that cost are only minimized when the entire output of an industry is supplied by a single producer so that the supply costs are lower under monopoly that under perfect competition.$? |
| A. | Perfect monopoly |
| B. | Bilateral monopoly |
| C. | Natural monopoly |
| D. | Ordinary monopoly |
| Answer» D. Ordinary monopoly | |
| 253. |
_ Double taxation is a disadvantage of which business organization?$? |
| A. | Sole proprietorship |
| B. | Partnership |
| C. | Corporation |
| D. | Enterprise |
| Answer» D. Enterprise | |
| 254. |
_ The more critical (or severe) test of the firm's liquidity can be judged by:$? |
| A. | Liquidity ratio |
| B. | Current ratio |
| C. | Acid-Test (or Quick) ratio |
| D. | Debts ratio |
| Answer» D. Debts ratio | |
| 255. |
_ A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year?$? |
| A. | P693.12 |
| B. | P700.12 |
| C. | P702.15 |
| D. | P705.42 |
| Answer» E. | |
| 256. |
_ What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal?$? |
| A. | Effective rate of interest |
| B. | Nominal rate of interest |
| C. | Compound interest |
| D. | Simple interest |
| Answer» E. | |
| 257. |
_ 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”.$? |
| A. | 13.15 % |
| B. | 13.32 % |
| C. | 13.46 % |
| D. | 13.73 % |
| Answer» E. | |
| 258. |
_ What refers to a document that shows proof of legal ownership of a financial security?$? |
| A. | Bond |
| B. | Bank note |
| C. | Coupon |
| D. | Check |
| Answer» D. Check | |
| 259. |
_ What is a government bond which has an indefinite life rather than a specific maturity?$? |
| A. | Coupon |
| B. | T-bill |
| C. | Debenture |
| D. | Consol |
| Answer» E. | |
| 260. |
_ What rate of interest compounded annually is the same as the rate of interest of 8% compounded quarterly?$? |
| A. | 8.07 % |
| B. | 8.12 % |
| C. | 8.16 % |
| D. | 8.24 % |
| Answer» E. | |
| 261. |
_ What refers to the claim of anyone to ownership?$? |
| A. | Proprietorship |
| B. | Assets |
| C. | Equity |
| D. | Liability |
| Answer» D. Liability | |
| 262. |
_ Pick up the main purpose of project cost control from the following:$? |
| 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. | |
| 263. |
_ What is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest?$? |
| A. | Effective rate of interest |
| B. | Nominal rate of interest |
| C. | Compound interest |
| D. | Simple interest |
| Answer» D. Simple interest | |
| 264. |
_ Pick up the correct statement regarding financial statement analysis from the following.$? |
| 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. | |
| 265. |
_ What is used to record historical financial transactions?$? |
| A. | Bookkeeping system |
| B. | Ledger system |
| C. | Balance check |
| D. | General journal system |
| Answer» B. Ledger system | |
| 266. |
_ What is defines as the analysis and evaluation of the monetary consequences by using the theories and principles of economics to engineering applications, designs and projects?$? |
| A. | Economic Analysis |
| B. | Engineering cost analysis |
| C. | Engineering economy |
| D. | Design cost analysis |
| Answer» B. Engineering cost analysis | |
| 267. |
_ Which of the following is an example of intangible asset?$? |
| A. | Cash |
| B. | Investment in subsidiary companies |
| C. | Furnitures |
| D. | Patents |
| Answer» E. | |
| 268. |
_ A investor wishes to earn 7% on his capital after payment of taxes. If the income from an available investment will be taxed at an average rate of 42%, what minimum rate of return, before payment of taxes, must the investment offer to be justified?$? |
| A. | 12.07 % |
| B. | 12.34 % |
| C. | 12.67 % |
| D. | 12.87 % |
| Answer» B. 12.34 % | |
| 269. |
_ In the cash-flow diagram shown in the given figure$? |
| A. | Equal deposits of Rs 3000 per year |
| B. | The rate of interest is 10% per year account |
| C. | The amount accumulated after the seventh deposit is to be computed |
| D. | All of these |
| Answer» E. | |
| 270. |
_ “When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the:$? |
| A. | Law of diminishing return |
| B. | Law of supply |
| C. | Law of demand |
| D. | Law of supply and demand |
| Answer» B. Law of supply | |
| 271. |
_ 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:$? |
| A. | (1 + i/m)n |
| B. | (1 + i/n)m |
| C. | (1 + i/n)1/m |
| D. | (1 + i/m)1/n |
| Answer» B. (1 + i/n)m | |
| 272. |
_ What is an accounting term that represents an inventory account adjustment?$? |
| A. | Cost of goods sold |
| B. | Cost accounting |
| C. | Standard cost |
| D. | Overhead cost |
| Answer» C. Standard cost | |
| 273. |
_ What refers to the amount of money paid for the use of borrowed capital?$? |
| A. | Interest |
| B. | Rate of interest |
| C. | Simple interest |
| D. | Principal |
| Answer» B. Rate of interest | |
| 274. |
_ In a cash-flow diagram:$? |
| A. | Time 0 is considered to be the present |
| B. | Time 1 is considered to be the end of time period 1 |
| C. | A vertical arrow pointing up indicates a positive cash flow |
| D. | All of these |
| Answer» E. | |
| 275. |
_ What is another term for “acid-test ratio”?$? |
| A. | Current ratio |
| B. | Quick ratio |
| C. | Profit margin ratio |
| D. | Price-earnings ratio |
| Answer» C. Profit margin ratio | |
| 276. |
_ The depletion allowance method of computing depletion is commonly known as ______.$? |
| A. | Unit method |
| B. | Percentage method |
| C. | Factor method |
| D. | Sinking fund method |
| Answer» C. Factor method | |
| 277. |
_ The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______.$? |
| A. | Expected return |
| B. | Nominal interest |
| C. | Effective interest |
| D. | Economic return |
| Answer» D. Economic return | |
| 278. |
_ What type of depreciation is due to the reduction of the physical ability of an equipment or asset to produce results?$? |
| A. | Functional depreciation |
| B. | Design depreciation |
| C. | Physical depreciation |
| D. | Demand depreciation |
| Answer» D. Demand depreciation | |
| 279. |
_ Miss Calledo deposited P 1,000, P 1,500 and P 2,000 at the end of the 2nd year, 3rd year and 4th year, respectively in a savings account which earned 10% per annum. How much is in the account at the end of the 4th year?$? |
| A. | P 4,880.00 |
| B. | P 4,820.00 |
| C. | P 4,860.00 |
| D. | P 4,840.00 |
| Answer» D. P 4,840.00 | |
| 280. |
_ The ratio of current assets to current liabilities is known as$? |
| A. | Liquidity ratio |
| B. | Current ratio |
| C. | Acid-Test (or Quick) ratio |
| D. | Debts ratio |
| Answer» C. Acid-Test (or Quick) ratio | |
| 281. |
_ The amount of company’s profit that the board of directors of the corporation decides to distribute to ordinary shareholders is called ______.$? |
| A. | Dividend |
| B. | Return |
| C. | Share of stock |
| D. | Equity |
| Answer» B. Return | |
| 282. |
_ A uniform series of payment occurring at equal interval of time is called ______.$? |
| A. | Annuity |
| B. | Amortization |
| C. | Depreciation |
| D. | Bond |
| Answer» B. Amortization | |
| 283. |
_ 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 ______.$? |
| A. | Registered bond |
| B. | Coupon bond |
| C. | Mortgage bond |
| D. | Collateral trust bond |
| Answer» C. Mortgage bond | |
| 284. |
_ A mathematical expression also known as the present value of annuity of one is called ______.$? |
| A. | Load factor |
| B. | Demand factor |
| C. | Sinking fund factor |
| D. | Present worth factor |
| Answer» E. | |
| 285. |
_If ‘P’ is principal amount, ‘i’ is the rate of interest and ‘n’ is the number of periods in years, then the interest factor is:$? |
| A. | (1 + ni) |
| B. | (ni - 1) |
| C. | ni |
| D. | None of these |
| Answer» B. (ni - 1) | |
| 286. |
_What is considered as the basic consuming or demanding unit of a commodity?$? |
| A. | Seller |
| B. | Manufacturer |
| C. | Producer |
| D. | Buyer or consumer |
| Answer» E. | |
| 287. |
_What is considered as the standard unit which forms the basis of a country’s domestic money supply?$? |
| A. | Monetary unit |
| B. | Currency |
| C. | Foreign exchange |
| D. | Cash or check |
| Answer» D. Cash or check | |
| 288. |
_A P 1, 000, 6% bond pays dividend semiannually and will be redeemed at 110% on June 21, 204. It is bought on June 21, 2001 to yield 4% interest. Find the price of the bond.$? |
| 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 | |
| 289. |
_Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest?$? |
| A. | 23.5 % |
| B. | 24.7 % |
| C. | 25.0 % |
| D. | 25.8 % |
| Answer» D. 25.8 % | |
| 290. |
_What type of depreciation is due to the reduction in the demand for the function that the equipment or asset was designed to render?$? |
| A. | Functional depreciation |
| B. | Design depreciation |
| C. | Physical depreciation |
| D. | Demand depreciation |
| Answer» B. Design depreciation | |
| 291. |
_______ 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.$? |
| A. | Status company |
| B. | Big income |
| C. | Known owners |
| D. | Goodwill |
| Answer» E. | |
| 292. |
_In what method of computing depreciation where it assumes that the loss in value is directly proportional to the age of the equipment or asset?$? |
| A. | Straight line method |
| B. | Sinking fund method |
| C. | Sum-of-year digit method |
| D. | Declining balance method |
| Answer» B. Sinking fund method | |
| 293. |
_It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate?$? |
| A. | 16.02 % |
| B. | 16.28 % |
| C. | 16.32 % |
| D. | 16.47 % |
| Answer» C. 16.32 % | |
| 294. |
_What is another term for “unit method” for computing depletion?$? |
| A. | Initial cost method |
| B. | Percentage method |
| C. | Factor method |
| D. | Sinking fund method |
| Answer» D. Sinking fund method | |
| 295. |
_What is the change in cost per unit variable change called?$? |
| A. | Variable cost |
| B. | Incremental cost |
| C. | Fixed cost |
| D. | Supplemental cost |
| Answer» C. Fixed cost | |
| 296. |
_What is defined as the current assets minus inventories and prepaid expenses?$? |
| A. | Profit margin ratio |
| B. | Price-earnings ratio |
| C. | Return of investment ratio |
| D. | Quick ratio |
| Answer» E. | |
| 297. |
_A man loans P 187,400 from a bank with interest at 5% compounded annually. He agrees to pay his obligations by paying 8 equal annual payments, the first being due at the end of 10 years. Find the annual payments.$? |
| A. | P 43,600.10 |
| B. | P 43,489.47 |
| C. | P 43,263.91 |
| D. | P 43,763.20 |
| Answer» E. | |
| 298. |
_What are the common methods of computing depletion charge?$? |
| A. | Rational method and irrational method |
| B. | Conservative method and conventional method |
| C. | Unit method and percentage method |
| D. | Discrete method and depletion allowance method |
| Answer» D. Discrete method and depletion allowance method | |
| 299. |
Both architect and engineer make use of the cost estimate of the project:$? |
| A. | For site selection |
| B. | For designing of the project |
| C. | For choosing alternatives |
| D. | All of these |
| Answer» E. | |
| 300. |
Duopsony is a market situation where there is/are:$? |
| 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 | |