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.
| 151. |
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 % | |
| 152. |
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 % | |
| 153. |
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 | |
| 154. |
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 | |
| 155. |
Double taxation is a disadvantage of which business organization ? |
| A. | Sole proprietorship |
| B. | Partnership |
| C. | Corporation |
| D. | Enterprise |
| Answer» D. Enterprise | |
| 156. |
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 | |
| 157. |
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 | |
| 158. |
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 | |
| 159. |
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 | |
| 160. |
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. | |
| 161. |
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 | |
| 162. |
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 | |
| 163. |
An asset is purchased for P 9,000.00. Its estimated economic life is 10 years after which it will be sold for P 1,000.00. Find the depreciation in the first three years using sum-of-years digit method____________________? |
| A. | P 3,279.27 |
| B. | P 3,927.27 |
| C. | P 3,729.27 |
| D. | P 3,792.72 |
| Answer» C. P 3,729.27 | |
| 164. |
An amount of P1,000 becomes P1,608.44 after 4 years compounded bimonthly. Find the nominal interest? |
| A. | 11.89 % |
| B. | 12.00 % |
| C. | 12.08 % |
| D. | 12.32 % |
| Answer» C. 12.08 % | |
| 165. |
All the proceeds which are received by the business as a result of the sale of goods is called _________________? |
| A. | Net income |
| B. | Gross income |
| C. | Net revenue |
| D. | Total sales |
| Answer» C. Net revenue | |
| 166. |
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. | |
| 167. |
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 | |
| 168. |
ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method ? |
| A. | 7 years |
| B. | 8 years |
| C. | 9 years |
| D. | 10 years |
| Answer» D. 10 years | |
| 169. |
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. | |
| 170. |
A VOM has a selling price of P 400. If its selling price is expected to decline at a rate of 10% per annum due to obsolescence, what will be its selling price after 5 years ? |
| A. | P 222.67 |
| B. | P 212.90 |
| C. | P 236.20 |
| D. | P 231.56 |
| Answer» D. P 231.56 | |
| 171. |
A uniform series of payment occurring at equal interval of time is called ____________________? |
| A. | Annuity |
| B. | Amortization |
| C. | Depreciation |
| D. | Bond |
| Answer» B. Amortization | |
| 172. |
A type of bond where the corporation pledges securities which it owns such as the stock or bonds of one of its subsidiaries ? |
| A. | Mortgage bond |
| B. | Joint bond |
| C. | Security bond |
| D. | Collateral trust bond |
| Answer» E. | |
| 173. |
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 | |
| 174. |
A telephone switchboard 100 pair cable can be made up with either enameled wire or tinned wire. There will be 400 soldered connections. The cost of soldering a connection on the enameled wire will be P 1.65 on the tinned wire, it will be P 1.15. A 100- pair cable made up with enameled wire cost P 0.55 per linear foot and those made up of tinned wire cost P 0.75 per linear foot. Determine the length of cable run in feet so that the cost of each installation would be the same ? |
| A. | 1,000 feet |
| B. | 1,040 feet |
| C. | 1,100 feet |
| D. | 1,120 feet |
| Answer» B. 1,040 feet | |
| 175. |
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. | |
| 176. |
A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10% ? |
| A. | P1,549.64 |
| B. | P1,459.64 |
| C. | P1,345.98 |
| D. | P1,945.64 |
| Answer» B. P1,459.64 | |
| 177. |
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. | |
| 178. |
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% | |
| 179. |
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 | |
| 180. |
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. | |
| 181. |
A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand ? |
| A. | 1.0 hour per unit |
| B. | 1.2 hours per unit |
| C. | 1.4 hours per unit |
| D. | 1.6 hours per unit |
| Answer» B. 1.2 hours per unit | |
| 182. |
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. | |
| 183. |
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. | |
| 184. |
A man invested P110,000 for 31 days. The net interest after deducting 20% withholding tax is P890.36. Find the rate of return annually? |
| A. | 11.50 % |
| B. | 11.75 % |
| C. | 11.95 % |
| D. | 12.32 % |
| Answer» C. 11.95 % | |
| 185. |
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 | |
| 186. |
A loan of P5,000 is made for a period of 15 months, at a simple interest rate of 15%, what future amount is due at the end of the loan period ? |
| A. | 5,937.50 |
| B. | 5,873.20 |
| C. | 5,712.40 |
| D. | 5,690.12 |
| Answer» B. 5,873.20 | |
| 187. |
A loan for P50,000 is to be paid in 3 years at the amount of P65,000. What is the effective rate of money ? |
| A. | 9.01 % |
| B. | 9.14 % |
| C. | 9.31 % |
| D. | 9.41 % |
| Answer» C. 9.31 % | |
| 188. |
A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even ? |
| A. | 2.590 |
| B. | 2,632 |
| C. | 2,712 |
| D. | 2,890 |
| Answer» C. 2,712 | |
| 189. |
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 | |
| 190. |
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 % | |
| 191. |
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 | |
| 192. |
A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ___________________? |
| A. | Cooperative |
| B. | Corporation |
| C. | Enterprise |
| D. | Partnership |
| Answer» B. Corporation | |
| 193. |
A feasibility study shows that a fixed capital investment of P10,000,000 is required for a proposed construction firm and an estimated working capital of P2,000,000. Annual depreciation is estimated to be10% of the fixed capital investment. Determine the rate of return on the total investment if the annual profit is P3,500,000? |
| A. | 28.33 % |
| B. | 29.17 % |
| C. | 30.12 % |
| D. | 30.78 % |
| Answer» C. 30.12 % | |
| 194. |
A farmer selling eggs at 50 pesos a dozen gains 20%. If he sells the eggs at the same price after the costs of the eggs rises by 12.5%, how much will be his new gain in percent ? |
| A. | 6.89 % |
| B. | 6.65 % |
| C. | 6.58 % |
| D. | 6.12 % |
| Answer» C. 6.58 % | |
| 195. |
A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment ? |
| A. | P 2,500.57 |
| B. | P 2,544.45 |
| C. | P 2,540.56 |
| D. | P 2,504.57 |
| Answer» E. | |
| 196. |
A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount ? |
| A. | 3.67 % |
| B. | 4.00 % |
| C. | 4.15 % |
| D. | 4.25 % |
| Answer» C. 4.15 % | |
| 197. |
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 | |
| 198. |
Current ratio is : |
| A. | [A]. |
| B. | [B]. |
| C. | [C]. |
| D. | None of these. |
| Answer» B. [B]. | |
| 199. |
The capital Recovery Factor (equal payments) of Capital Recovery Annuity is : |
| A. | [A]. |
| B. | [B]. |
| C. | [C]. |
| D. | None of these. |
| Answer» B. [B]. | |
| 200. |
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. | [A]. |
| B. | [B]. |
| C. | [C]. |
| D. | [D]. |
| Answer» B. [B]. | |