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Civil Engineering :: Engineering Economics

  1. A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ______.

  2. A.

     Cooperative

    B.

     Corporation

    C.

     Enterprise

    D.

     Partnership

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  3. The ratio of the net income before taxes to net sales is called ______.

  4. A.

     Current ratio

    B.

     Inventory turnover

    C.

     Profit margin ratio

    D.

     Price-earnings ratio

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  5. The difference between the present and future worth of money at some time in the future is called ______.

  6. A.

     Discount

    B.

     Deduction

    C.

     Inflation

    D.

     Depletion

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  7. The amount of company’s profit that the board of directors of the corporation decides to distribute to ordinary shareholders is called ______.

  8. A.

     Dividend

    B.

     Return

    C.

     Share of stock

    D.

     Equity

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  9. An association of two or more persons for the purpose of engaging into a business for profit is called ______.

  10. A.

     Entrepreneurship

    B.

     Partnership

    C.

     Proprietorship

    D.

     Corporation

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  11. The amount of property in which a willing buyer to a willing seller for the property when neither one is under the compulsion to buy nor to sell is called ______.

  12. A.

     Fair value

    B.

     Market value

    C.

     Good will value

    D.

     Book value

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  13. The process of determining the value or worth of a physical property for specific reason is called ______.

  14. A.

     Investment

    B.

     Valuation

    C.

     Economy

    D.

     Depletion

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  15. A bond without any security behind them except a promise to pay by the issuing corporation is called ______.

  16. A.

     Joint bond

    B.

     Debenture bond

    C.

     Trust bond

    D.

     Common bond

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  17. A mathematical expression also known as the present value of annuity of one is called ______.

  18. A.

     Load factor

    B.

     Demand factor

    C.

     Sinking fund factor

    D.

     Present worth factor

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  19. The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______.

  20. A.

     Material cost

    B.

     Fixed cost

    C.

     First cost

    D.

     In-place value

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