1.

Anindexofshorttermpayingabilityiscalled,
a.Receiving turn-over

b.Profit margin ratio

c.Current ratio

d.Acid-test ratio

2. Estimatedvalueattheendoftheusefullife.
a.Market value

b.Fair value

c.Salvage value

d.Book value
15.Anevilwrongcommittedbyapersondamageanotherperson’spropertyorreputationis,
a.Tort

b.Material breach

c.Negligence

d.Fraud
17.Thequantityofacertaincommoditythatisofferedforsaleatacertainpriceatagivenplaceandtime.
a.Demand

b.Supply

c.Stocks

d.Goods
19.Whatisthehighestpositioninthecorporation?
a.President

b.Board of Directors

c.Chairman of the Board

d.Stockholders
21.“Anunbalancedforceactingonaobjectwillcausetheobjecttoaccelerateinthedirectionoftheforce”.Thisis
knownas:
a.Newton’s First Law

b.Newton’s Second Law

c.Newton’s Third Law

d.Kepler’s Law
23.Wemayclassifyaninterestrate,whichspecifiestheactualrateofinterestontheprincipalforoneyearas,
a.Nominal rate

b.Rate of return

c.Exact interest rate

d.Effective rate
25.Thelawwhichdescribesthemotionofstars,planetsandcomets.
a.Law of University Gravitation
b.Newton’s Law of Motions

c.Kepler’s Law

d.Big Bang and Black Hole Theory

Thisoccursinasituationwhereacommodityorserviceissuppliedbyanumberofvendorsenteringthemarket.
a.Perfect competition

b.Oligopoly

c.Monopoly

d.Elastic demand
29.Theseareproductsorservicesthatarerequiredtosupporthumanlifeandactivities,thatwillbepurchasedins
omewhatthesamequantityeventhoughthepricevariesconsiderably.
a.Utilities

b.Necessities

c.Luxuries

d.Product goods and services

31.GATTstandsfor:
a.General Agreement of Tariff and Trade

b.General Arrangement of Tariff and Trade

c.Global Agreement of Tariff and Trade

d.General Arrangement of Tariff and Trade

33.“Whenfreecompetitionexists,thepriceofaproductwillbethatvaluewheresupplyisequaltothedemand”.
a.Law of diminishing return
b.Law of Supply
c.Law of Demand
d.Law of Supply and Demand
35.Thequantityofacertaincommoditythatisofferedforsaleatacertainpriceatagiventimeandplace.
a.Demand

b.Supply

c.Utility

d.Market
37.Adocumentthatshowsproofoflegalownershipofafinancialsecurity.
a.Bond

b.Bank notes

c.Coupon

d.Check
39.Aresidualvalueofacompany’sassetsafteralloutsideliabilities(shareholdersexcluded)hasbeenallowedf
or.
a.Dividend

b.Equity

c.Return

d.Per value
Thedeliberateloweringofthepriceofanation’scurrencyintermsoftheacceptedstandard(Gold,Americandoll
arortheBritishpound)
a.Currency appreciation

b.Currency devaluation

c.Currency float

d.Currency depreciation

100.Theflowbackofprofitplusdepreciationfromagivenprojectiscalled:
a.Capital recovery

b.Cash flow

c.Economic return

d.Earning value
101.Thecumulativeeffectofelapsedtimeonthemoneyvalueofanevent,basedontheearningpowerofequivale
ntinvestedfundscapitalshouldorwillearn.
a.Present worth factor

b.Interest rate

c.Time value of money

d.Yield
103.Worthofthepropertyasshownintheaccountingrecordsofanenterprise.
a.Fair value

b.Market value

c.Salvage value

d.Book value
107.Foragivenfunction,itisfoundthatf(t)=f(-t).Whattypeofsymmetrydoesf(t)have?
a.Odd symmetry

b.Even symmetry

c.Rotational symmetry

d.Quarter-wave symmetry
112.Twonon-coplanarlinesthatdonotintersectarecalled_______lines.
a.Perpendicular

b.Parallel

c.Skew

d.Concurrent
119.Theamountofheatneededtochangesolidtoliquidis,
a.Condensation

b.Cold fusion

c.Latent heat fusion

d.Solid fusion
121.AccordingtothisLaw,“Theforcebetweentwochargesvariesdirectlyasthemagnitudeofeachchargeandi
nverselyasthesquareofthedistancebetweenthem”.
a.Law of Universal gravitation
b.Coulomb’s Law

c.Newton’s Law

d.Inverse Square Law

128.Aleakfromthefaucetcomesoutinseparatedrops.Whichofthefollowingisthemaincauseofthisphenome
non?
a.Surface tension

b.Air resistance

c.Gravity

d.Viscosity of the fluid

135.Tofindtheangleofatriangle,givenonlythelengthofthesides,onewoulduse
a.Law of cosines

b.Law of sines

c.Law of tangents

d.Inverse-square law