MCQOPTIONS
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MCQOPTIONS
This section includes 252 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. |
What is the type of annuity where the payments are made at the beginning of the each period starting from the first period ? |
| A. | Ordinary annuity |
| B. | Perpetuity |
| C. | Annuity due |
| D. | Deferred annuity |
| Answer» D. Deferred annuity | |
| 52. |
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 | |
| 53. |
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 | |
| 54. |
What is the simplest form of business organization ? |
| A. | Sole proprietorship |
| B. | Partnership |
| C. | Enterprise |
| D. | Corporation |
| Answer» B. Partnership | |
| 55. |
What is the reduction in the money value of capital asset is called ? |
| A. | Capital expenditure |
| B. | Capital loss |
| C. | Loss |
| D. | Deficit |
| Answer» C. Loss | |
| 56. |
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 | |
| 57. |
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 | |
| 58. |
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 | |
| 59. |
What is the ordinary interest on P1,500.50 for 182 days at 5.2% ? |
| A. | P39.01 |
| B. | P39.82 |
| C. | P39.45 |
| D. | P39.99 |
| Answer» D. P39.99 | |
| 60. |
What is the opposite of perfect competition ? |
| A. | Monopsony |
| B. | Oligopoly |
| C. | Oligopsony |
| D. | Monopoly |
| Answer» E. | |
| 61. |
What is the market situation exist when there are many buyers and many sellers ? |
| A. | Perfect competition |
| B. | Oligopoly |
| C. | Oligopsony |
| D. | Monopoly |
| Answer» B. Oligopoly | |
| 62. |
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. | |
| 63. |
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 | |
| 64. |
What is the factor name of the formula (1+i)^-n ? |
| A. | Uniform gradient future worth |
| B. | Capital recovery |
| C. | Single payment present worth |
| D. | Single payment compound amount |
| Answer» D. Single payment compound amount | |
| 65. |
What is the factor name of the formula [i(1+i)^n]/[((1+i)^n)-1] ? |
| A. | Uniform series sinking fund |
| B. | Capital recovery |
| C. | Single payment present worth |
| D. | Uniform gradient future worth |
| Answer» C. Single payment present worth | |
| 66. |
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. | |
| 67. |
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 | |
| 68. |
What is the basic accounting equation ? |
| A. | Assets = liability + owner’s equity |
| B. | Liability = assets + owners’ equity |
| C. | Owner’s equity = assets + liability |
| D. | Owner’s equity = liability – assets |
| Answer» B. Liability = assets + owners’ equity | |
| 69. |
What is normally used to compare alternatives that accomplish the same purpose but have unequal lives ? |
| A. | Capitalized cost method |
| B. | Present worth method |
| C. | Annual cost method |
| D. | MARR |
| Answer» D. MARR | |
| 70. |
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 | |
| 71. |
What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents ? |
| A. | Depletion |
| B. | Inflation |
| C. | Depreciation |
| D. | Deflation |
| Answer» B. Inflation | |
| 72. |
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 | |
| 73. |
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 | |
| 74. |
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. | |
| 75. |
What is defined as the certificate of indebtedness of corporation usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation ? |
| A. | Bond |
| B. | T-bills |
| C. | Stock |
| D. | Promissory note |
| Answer» B. T-bills | |
| 76. |
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. | |
| 77. |
What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want ? |
| A. | Services |
| B. | Goods |
| C. | Commodities |
| D. | Goods or commodities |
| Answer» E. | |
| 78. |
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 | |
| 79. |
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» E. | |
| 80. |
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 | |
| 81. |
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 | |
| 82. |
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. | |
| 83. |
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 | |
| 84. |
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 | |
| 85. |
What is another term for “current assets” ? |
| A. | Fixed assets |
| B. | Non-liquid assets |
| C. | Liquid assets |
| D. | Cash |
| Answer» D. Cash | |
| 86. |
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 | |
| 87. |
What is an index of short-term paying ability ? |
| A. | Price-earnings ratio |
| B. | Current ratio |
| C. | Profit margin ratio |
| D. | Gross margin |
| Answer» C. Profit margin ratio | |
| 88. |
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» B. Cost accounting | |
| 89. |
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 | |
| 90. |
What is a secondary book of accounts, the information of which is obtained from the journal is called ? |
| A. | Balanced sheet |
| B. | Ledger |
| C. | Worksheet |
| D. | Trial balance |
| Answer» C. Worksheet | |
| 91. |
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. | |
| 92. |
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» B. Monopoly | |
| 93. |
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. | |
| 94. |
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 | |
| 95. |
What do you call a one-time credit against taxes ? |
| A. | Due credit |
| B. | Tax credit |
| C. | Credible credit |
| D. | Revenue credit |
| Answer» C. Credible credit | |
| 96. |
What do you call any particular raw material or primary product such as cloth, wool, flour, coffee, etc ? |
| A. | Utility |
| B. | Necessity |
| C. | Commodity |
| D. | Stock |
| Answer» D. Stock | |
| 97. |
What denotes in the fall in the exchange rate of one currency in terms of the others? This term is usually applies to the floating exchange rate______________? |
| A. | Currency appreciation |
| B. | Currency depreciation |
| C. | Currency devaluation |
| D. | Currency float |
| Answer» C. Currency devaluation | |
| 98. |
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 | |
| 99. |
What are the two classifications of goods and services ? |
| A. | Local and imported |
| B. | Raw and finished |
| C. | Consumer and producer |
| D. | Ready-made and made-to-order |
| Answer» D. Ready-made and made-to-order | |
| 100. |
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 | |