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Civil Engineering :: Engineering Economics

  1. Under ordinary simple interest, how many days in one year?

  2. A.

     300

    B.

     360

    C.

     365

    D.

     366

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  3. The original record of a business transaction is recorded in this book.

  4. A.

     Work book

    B.

     Journal

    C.

     Ledger

    D.

     Account book

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  5. What are the common methods of computing depletion charge?

  6. 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

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  7. 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?

  8. A.

     P 2,500.57

    B.

     P 2,544.45

    C.

     P 2,540.56

    D.

     P 2,504.57

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  9. What refers to the goods and services that are desired by human and will be acquired only after all the needs have been satisfied?

  10. A.

     Producer products

    B.

     Consumer products

    C.

     Luxury

    D.

     Necessity

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  11. Shell Philippines, a multinational company, has a total gross income for a particular year of P 50,000,000. The taxable income after taking all deductions except for depletion is P 18,500,000. What is the allowable depletion allowance for that particular year? Take percentage of gross income for oil as 22%.

  12. A.

     P 9,358.41

    B.

     P 9,228.45

    C.

     P 9,250.00

    D.

     P 9,308.45

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  13. What annuity is required over 12 years to equate with a future amount of P 20,000? Assume i= 6% annually.

  14. A.

     P 1,290.34

    B.

     P 1,185.54

    C.

     P 1,107.34

    D.

     P 1,205.74

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  15. Both architect and engineer make use of the cost estimate of the project:

  16. A.

     For site selection

    B.

     For designing of the project

    C.

     For choosing alternatives

    D.

     All of these

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  17. What refers to the present worth of cost associated with an asset for an infinite period of time?

  18. A.

     Annual cost

    B.

     Increment cost

    C.

     Capitalized cost

    D.

     Operating cost

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  19. The interest calculated on the basis of 365 days a year, is known as:

  20. A.

     Interest

    B.

     Ordinary simple interest

    C.

     Exact simple interest

    D.

     None of these

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