What refers to the negotiable claim issued by a bank in lien of a term deposit?
A. Capital gain certificate
B. Certificate of deposit
C. Time deposit
D. Bond
Engineering Economy
Engineering Economy MCQs with answers for civil engineering test preparation. Economics and engineering MCQs for civil engineering students for competitive exams.
What is the reduction in the money value of capital asset is called?
A. Loss
B. Deficit
C. Capital expenditure
D. Capital loss
What is the increase in the money value of a capital asset is called ?
A. Capital expenditure
B. Capital stock
C. Profit
D. Capital gain
What is used when a quick estimate of the doubling time for the invested money is needed?
A. Rule of 72
B. Rule of 24
C. Rule of 48
D. Rule of 36
What do you call a one-time credit against taxes?
A. Revenue credit
B. Tax credit
C. Due credit
D. Credible credit
Ratio of the net income before taxes to net sales is called ____ ?
A. Profit margin ratio
B. Price-earnings ratio
C. Current ratio
D. Inventory turnover
What is a measure of the average speed with which accounts receivable are collected?
A. Quick ratio
B. Acid test ratio
C. Receivable turnover
D. Current ratio
All are classified under direct labor expenses EXCEPT one. Which one?
A. Assembly cost
B. Supervision cost
C. Inspection cost
D. Testing cost
A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ____ ?
A. Enterprise
B. Partnership
C. Corporation
D. Cooperative
What is a government bond which has an indefinite life rather than a specific maturity?
A. Consol
B. Debenture
C. Coupon
D. T-bill