728 + Mcqs in Information Systems And Engineering Economics Page 5 McqOptions

201.	Economic decisions differ in a fundamental way from the types ofdecisions typically encountered in engineering design.
A.	true
B.	false
Answer» B. false

Discussion

202.	rate is deﬁned as the rate at which the cost general level of goods and services increases resulting in decreases of purchasing
A.	deﬂation
B.	inﬂation
Answer» C.

Discussion

203.	A newly constructed water treatment facility cost $2 million. It is estimated that the facility will need renovating every 30 years at a cost of $1 million. Annual repairs and maintenance are estimated to be$100,000 per year. At an interest rate of 6%, determine the capitalized cost of the facility.
A.	3579806
B.	3877482
C.	4301205
D.	3360343
Answer» C. 4301205

Discussion

204.	24. As per section 30, which expenditure incurred for a building used for the business or profession shallnot be allowed as deduction?
A.	a. rent, rates and taxes
B.	b. insurance of building
C.	c. repairs of building
D.	d. capital expenditure
Answer» E.

Discussion

205.	The current gasoline price is $4.15, and it is projected to increase next year by 5%, and 8% the following year, and -3% the third year. What is the average inﬂation rate for the projected gasoline price for the next 3years?
A.	0.0323
B.	0.0333
C.	0.0533
D.	0.03
Answer» B. 0.0333

Discussion

206.	If the binary equivalent of the decimal number 48 is 110000, then thebinary equivalent of the decimal number 51 is given by
A.	(1) 110011
B.	(2) 110010
C.	(3) 110001
D.	(4) 110100
Answer» B. (2) 110010

Discussion

207.	The factors of time and uncertainty are the deﬁning aspects of anyengineering economic decisions
A.	true
B.	false
Answer» B. false

Discussion

208.	33. Rate of depreciation chargeable onfully temporary wooden structure for the assessment year 2019-20 is
A.	a. 5%
B.	b. 10%
C.	c. 100%
D.	d. 40%
Answer» E.

Discussion

209.	Aadhaar uses which of the given to uniquelyidentify the resident?
A.	name and address of th
B.	fingerprints
C.	iris
D.	both 2 & 3
Answer» E.

Discussion

210.	If the Computer is purchased on 11th May, 2018 thenat what rate depreciation will be provided on it?
A.	a. 60%
B.	b.40%
C.	c.30%
D.	d.20%
Answer» C. c.30%

Discussion

211.	What effect would have on the break-even point and expected proﬁt ifthere is an increase in ﬁxed cost?
A.	(decrease, decrease)
B.	(increase, decrease)
C.	(increase, increase)
D.	(decrease, decrease)
Answer» C. (increase, increase)

Discussion

212.	Your accounting records indicate that an asset in use has a book value of $8,640. The asset cost $30,000 when it was purchased, and it has been depreciated under the 5 MACRS method. Based on the information available, determine how many years the asset has beenin service.
A.	5 years
B.	6 years
C.	4 years
D.	3 years
Answer» E.

Discussion

213.	Who among the following had established UIDAI bypassing Aadhaar Act, 2016
A.	state government
B.	government of indi
C.	registrars
D.	enrolment agency
Answer» C. registrars

Discussion

214.	_____________is responsible to conduct the Certification exam for the role of Operator/Supervisor
A.	introducer
B.	enrolment agency
C.	testing and certification agency
D.	registrar
Answer» D. registrar

Discussion

215.	PPI measures average change over a time in selling prices by domesticproducers of goods and services.
A.	true
B.	false
Answer» B. false

Discussion

216.	Your R&D group has developed and tested a computer software package that assists engineers to control the proper chemical mix for the various process manufacturing industries. If you decide to market the software, your ﬁrst year operating net cash ﬂow is estimated to be$1,000,000. Because of market competition, product life will be about 4 years, and the product’s market share will decrease by 25% each year over the previous year’s share. You are approached by a big software house which wants to purchase the right to manufacture and distribute the product. Assuming that your interest rate is 15%, forwhat minimum price would you be willing to sell the software?
A.	2887776
B.	2766344
C.	2047734
D.	2507621
Answer» D. 2507621

Discussion

217.	A new business was set up on15-11-2008 and it commenced its business from 1-12-2008.The ﬁrst previous year in this case shall be:
A.	15-11-2008 to31-3-2009
B.	1-12-2008 to31-3-2009
C.	2008-2009
D.	none of the above
Answer» B. 1-12-2008 to31-3-2009

Discussion

218.	Satisfaction is deﬁned as positive feelings people have about anorganisation whether as a/an
A.	supplier, employee,customer, or regulator
B.	employer, customer,regulator, or supplier
C.	investor orstockbroker
D.	none of the above
Answer» B. employer, customer,regulator, or supplier

Discussion

219.	The Veriﬁer/Certiﬁer is the personnel appointed by for veriﬁcation of documents atenrolment centres.
A.	operator
B.	introducer
C.	registrars
D.	enrolling agency
Answer» D. enrolling agency

Discussion

220.	Your R&D group has developed and tested a computer software package that assists engineers to control the proper chemical mix for the various process manufacturing industries. If you decide to market the software, your first year operating net cash flow is estimated to be $1,000,000. Because of market competition, product life will be about 4 years, and the product’s market share will decrease by 25% each year over the previous year’s share. You are approached by a big software house which wants to purchase the right to manufacture and distribute the product. Assuming that your interest rate is 15%, for what minimum price would you be willing to sell the software?
A.	2887776
B.	2766344
C.	2047734
D.	2507621
Answer» D. 2507621

Discussion

221.	An in depth study on a single organisation using a variety of datacollection methods is known as
A.	case study
B.	ﬁeld survey
C.	ﬁeld survey
D.	laboratory experiment
Answer» B. ﬁeld survey

Discussion

222.	A newly constructed water treatment facility cost $2 million. It is estimated that the facility will need renovating every 30 years at a cost of $1 million. Annual repairs and maintenance are estimated to be $100,000 per year. At an interest rate of 6%, determine the capitalized cost of the facility.
A.	3579806
B.	3877482
C.	4301205
D.	3360343
Answer» C. 4301205

Discussion

223.	The annual equivalent worth (AE) criterion provides a basis formeasuring investment worth by determining equal payments on an annual basis.
A.	true
B.	false
Answer» B. false

Discussion

224.	Revitalization involves the strategies, resources, technology, and skills of theorganisation.
A.	focusing
B.	categorizing
C.	formalizing
D.	renewing
Answer» E.

Discussion

225.	The factors of time and are the deﬁning aspects of anyengineering economic decisions
A.	uncertainty
B.	certainty
Answer» B. certainty

Discussion

226.	is a certiﬁed personnel employed by Enrolment Agencies to execute the process ofenrolment /update at the enrolment centers
A.	enrolment operator
B.	enrolment supervis
C.	introducer
D.	both 1 & 2
Answer» C. introducer

Discussion

227.	Information systems that support the business functions that reachout to suppliers are known as:
A.	back oﬃce informationsystems
B.	expert informationsystems
C.	front oﬃceinformation systems
D.	none of the above
Answer» B. expert informationsystems

Discussion

228.	When only costs are involved, the AE method is sometimes called theannual equivalent cost method.
A.	true
B.	false
Answer» B. false

Discussion

229.	To improve the performance of a business process, which of thefollowing is most relevant?
A.	input
B.	processing
C.	control and feedback
D.	all of the above
Answer» D. all of the above

Discussion

230.	Actual (current) dollars (An)is the dollar value that is “influenced” by _____________.
A.	deflation
B.	inflation
Answer» C.

Discussion

231.	Actual (current) dollars (An)is the dollar value that is “inﬂuenced” by .
A.	deﬂation
B.	inﬂation
Answer» C.

Discussion

232.	Revitalization involves ________ the strategies, resources, technology, and skills of theorganisation.
A.	focusing
B.	categorizing
C.	formalizing
D.	renewing
Answer» E.

Discussion

233.	What is the process of capturing resident data both Demographic and Biometric for generationof Aadhaar called?
A.	authentication
B.	enrolment
C.	identiﬁcation
D.	presentatio n
Answer» C. identiﬁcation

Discussion

234.	A fund created by making periodic deposits (usually equal) at compound interest in order to accumulate a given sum at a givenfuture time for some speciﬁc purpose is sinking fund
A.	true
B.	false
Answer» B. false

Discussion

235.	At what organisational level is it necessary to balance strategic actionswith environmental and resource conditions?
A.	departmental
B.	middle management
C.	corporate
D.	all of the above
Answer» E.

Discussion

236.	is any entity authorised or recognised by the Authority for the purpose of enrollingindividuals through Enrolment Agency.
A.	introducer
B.	enrolling agency
C.	agency
D.	registrar
Answer» E.

Discussion

237.	is any entity authorised or recognised by the Authority for the purpose of enrolling individuals through Enrolment Agency.
A.	introducer
B.	enrolling agency
C.	agency
D.	registrar
Answer» E.

Discussion

238.	What effect would have on the break-even point and expected proﬁt ifthere is an increase in sales expense?
A.	(increase, increase)
B.	(decrease, decrease)
C.	(increase, decrease)
D.	(decrease, decrease)
Answer» D. (decrease, decrease)

Discussion

239.	dollars is the dollar value that is “inﬂuenced” by inﬂation.
A.	actual
B.	constant
Answer» B. constant

Discussion

240.	Record date of birth of the resident, indicating day, month and ___________ in the relevant field.
A.	initial
B.	surname
C.	year
D.	name
Answer» D. name

Discussion

241.	_____ is any entity engaged by the Registrar for the purpose of enrolling individuals.
A.	introducer
B.	enrolment agency
C.	supervisor/oper ator
D.	registrar
Answer» C. supervisor/oper ator

Discussion

242.	Actual (current) dollars (An)is the dollar value that is “inﬂuenced” byinﬂation.
A.	true
B.	false
Answer» B. false

Discussion

243.	Productivity is a ratio of outputs (products or services) to .
A.	proﬁts generated
B.	sales price
C.	inputs consumed
D.	behaviour effectiveness
Answer» D. behaviour effectiveness

Discussion

244.	The degree to which a research method actually measures what it issupposed to measure is known as
A.	reliability
B.	validity
C.	credibility
D.	casuality
Answer» C. credibility

Discussion

245.	You are purchasing an automobile priced at $20,000 by borrowing at 12% interest compounded monthly. The loan will be repaid in monthly installments for ﬁve years. What is the constant dollar value (value at the time of ﬁnancing) of the 36th payment of this loan, if the generalinﬂation rate is 5% compounded monthly?
A.	361.91
B.	383.66
C.	444.89
D.	396.02
Answer» C. 444.89

Discussion

246.	47. DS acquired a building for Rs. ` 15 lakh in June, 2016 in addition to cost of land beneath the building of ` 3 lakh. It was used for personal purposes until he commenced business in June, 2018 and since then it was used for business purposes. The amount of depreciation eligible in his case for the assessment year 2019-20 would be -
A.	a. rs.` 1,50,000
B.	b. rs.` 75,000
C.	c. rs.` 37,500
D.	d. rs.` 1,21,500
Answer» D. d. rs.` 1,21,500

Discussion

247.	If you had $2,000 now and invested it at 10%, how much would it beworth in 8 years?
A.	4200
B.	4287
C.	5000
Answer» C. 5000

Discussion

248.	For an industrial undertaking fulﬁlling the conditions, additional depreciation in respectof a machinery costing Rs.10 lakh acquired and installed on October 3, 2005 is
A.	rs.75,000
B.	rs.1,50,000
C.	rs.1,00,000
D.	none of the above
Answer» D. none of the above

Discussion

249.	If the inﬂation rate is 6% per year and the market interest rate is known to be 15% per year. What is the implied real interest rate in thisinﬂationary economy?
A.	0.1145
B.	0.09
C.	0.08
D.	0.0849
Answer» E.

Discussion

250.	Actual (current) dollars (An)is the dollar value that is “inﬂuenced” by.
A.	deﬂation
B.	inﬂation
Answer» C.

Discussion

Explore topic-wise MCQs in Computer Science Engineering (CSE).

Economic decisions differ in a fundamental way from the types ofdecisions typically encountered in engineering design.

rate is deﬁned as the rate at which the cost general level of goods and services increases resulting in decreases of purchasing

24. As per section 30, which expenditure incurred for a building used for the business or profession shallnot be allowed as deduction?

The current gasoline price is $4.15, and it is projected to increase next year by 5%, and 8% the following year, and -3% the third year. What is the average inﬂation rate for the projected gasoline price for the next 3years?

If the binary equivalent of the decimal number 48 is 110000, then thebinary equivalent of the decimal number 51 is given by

The factors of time and uncertainty are the deﬁning aspects of anyengineering economic decisions

33. Rate of depreciation chargeable onfully temporary wooden structure for the assessment year 2019-20 is

Aadhaar uses which of the given to uniquelyidentify the resident?

If the Computer is purchased on 11th May, 2018 thenat what rate depreciation will be provided on it?

What effect would have on the break-even point and expected proﬁt ifthere is an increase in ﬁxed cost?

Your accounting records indicate that an asset in use has a book value of $8,640. The asset cost $30,000 when it was purchased, and it has been depreciated under the 5 MACRS method. Based on the information available, determine how many years the asset has beenin service.

Who among the following had established UIDAI bypassing Aadhaar Act, 2016

_____________is responsible to conduct the Certification exam for the role of Operator/Supervisor

PPI measures average change over a time in selling prices by domesticproducers of goods and services.

A new business was set up on15-11-2008 and it commenced its business from 1-12-2008.The ﬁrst previous year in this case shall be:

Satisfaction is deﬁned as positive feelings people have about anorganisation whether as a/an

The Veriﬁer/Certiﬁer is the personnel appointed by for veriﬁcation of documents atenrolment centres.

An in depth study on a single organisation using a variety of datacollection methods is known as

The annual equivalent worth (AE) criterion provides a basis formeasuring investment worth by determining equal payments on an annual basis.

Revitalization involves the strategies, resources, technology, and skills of theorganisation.

The factors of time and are the deﬁning aspects of anyengineering economic decisions

is a certiﬁed personnel employed by Enrolment Agencies to execute the process ofenrolment /update at the enrolment centers

Information systems that support the business functions that reachout to suppliers are known as:

When only costs are involved, the AE method is sometimes called theannual equivalent cost method.

To improve the performance of a business process, which of thefollowing is most relevant?

Actual (current) dollars (An)is the dollar value that is “influenced” by _____________.

Actual (current) dollars (An)is the dollar value that is “inﬂuenced” by .

Revitalization involves ________ the strategies, resources, technology, and skills of theorganisation.

What is the process of capturing resident data both Demographic and Biometric for generationof Aadhaar called?

A fund created by making periodic deposits (usually equal) at compound interest in order to accumulate a given sum at a givenfuture time for some speciﬁc purpose is sinking fund

At what organisational level is it necessary to balance strategic actionswith environmental and resource conditions?

is any entity authorised or recognised by the Authority for the purpose of enrollingindividuals through Enrolment Agency.

is any entity authorised or recognised by the Authority for the purpose of enrolling individuals through Enrolment Agency.

What effect would have on the break-even point and expected proﬁt ifthere is an increase in sales expense?

dollars is the dollar value that is “inﬂuenced” by inﬂation.

Record date of birth of the resident, indicating day, month and ___________ in the relevant field.

_____ is any entity engaged by the Registrar for the purpose of enrolling individuals.

Actual (current) dollars (An)is the dollar value that is “inﬂuenced” byinﬂation.

Productivity is a ratio of outputs (products or services) to .

The degree to which a research method actually measures what it issupposed to measure is known as

If you had $2,000 now and invested it at 10%, how much would it beworth in 8 years?

For an industrial undertaking fulﬁlling the conditions, additional depreciation in respectof a machinery costing Rs.10 lakh acquired and installed on October 3, 2005 is

If the inﬂation rate is 6% per year and the market interest rate is known to be 15% per year. What is the implied real interest rate in thisinﬂationary economy?

Actual (current) dollars (An)is the dollar value that is “inﬂuenced” by.