1.
The mathematical exptession ( 1+i ) raised to n in
Engineering ?
Compound amount factor
2. The amount of property in which a willing buyer will
pay to a willing seller for the property when neither one
is under the compulsion to buy nor sell is called ____
value.
Market
3. What is the interest accrued over the interest period is
also subject to the interest rate in the next period?
Compound interest
4. Which of the following corresponds to the meaning of
annuity?
A series of uniforms amounts over a period of time
5. A loan that is discharge or repaid by a uniform series
of payments extending over its duration is said to be
amortized
6. A market condition where there are two buyers and
two sellers are called_______
bilateral duopoly
7. It is the term used to describe the complete process of
bringing a new product or service to market.
Product development
8. It is the payment for the use of borrowed money.
interest
9. It is the interest earned by the principal which is added
to the principal will also earn an interest for succeeding
periods.
Compound interest
10. It is the claim of anyone to ownership.
Equity
11. A market situation where there is only one seller
with many buyers.
Monopoly
12. What is another term for acid-test ratio?
Quick ratio
13. Which of the following is the basic equation of
accounting?
Assets=Liability + Owner’s equity
14. A type of annuity where the payments are made at
the start of each period, beginning from the first period.
Annuity due
15. The place where buyers and sellers come together.
Market
16. A diagram drawn to help visualize and simplify
problem having diverse receipts and disbursements.
Cash-flow
17. The original amount of money invested, borrowed,
or deposited.
Principal
18. What is the measure of the average speed with which
accounts receivable are collected?
Receivable turnover
19. What do you call the ratio of the net income to
owner’s equity?
Return on investment
20. What is the formula for a straight-line depreciation
rate?
100 percent-percent net salvage value
Estimated service life
21. A bank is advertising 9.5 percent account that yield
9.84 percent annually. Find how often interest is
compounded.
Quarterly
22. What is work-in-process classified as?
An asset
23. Which of the following is an example of an integrity
violations of e-commerce security?
An unauthorized person intercepts an online
communication and changes its content
24 Assuming I = annual rate of return, n =number of
years, F = future worth, and P = present worth, what is
the future worth of a present amount P(F/P, I, n).
P(1 + i)^n
25. Which of the following statements is not correct?
Effective rate of return in choices (A) through (C) is
the difference between 12.55% and 12%.
26. Capitalized cost of any property is equal to the
first cost + cost of perpetual maintenance
27. What is the factor (A/F, i%, n ) ?
sinking fund factor
28. what are the two classification of goods and
services?
consumer and producer
29. Which of the following does NOT affect owner’s
equality?
license to start business
30. The ability to convert assets to cash quickly is
known as _________.
Liquidity
31.Which of the following expression in incorrect?
(A/F, I, n) – I = (A/P, I, n)
32.The ability to meet debts as they become due is
known as_______
Solvency
33. One banker’s year is equivalent to _______ days.
360
34. Accounting book in which are recorded the credited
and debits of commercial transactions.
ledger
35. What refers to the negotiable claim issued by a bank
in lieu of term deposit?
certificate of deposit

36. Share of participation is called

stock

37. What is the present worth of cost associated with an

asset for an infinite period of time?
capitalized cost

38. A written acknowledgement by a carrier that he has

received the goods for shipment.
bill of landing

39. Gross profit, sales less cost of goods sold, as a

percentage of sales is called
profit margin

40. It is the price a buyer is willing to pay a willing seller

for the stock?
market value

41. What refers to a document that shows proof of legal

ownership of a financial security?
coupon

42. What factor must be considered by the investor

before he makes investment?
rate of return

43. The uncovered depreciation results due to poor

estimate as the life of equipment.
sunk cost

44. The length of time usually assumed to be reversible?

payback period

45. Is the worth of property as an operating unit

use value

46. Those fund that required to make the enterprise or

project aa going concern
working capital

47. It is a responsible for the procurement and

administration of funds with the view of archiving the
objective of business.
finance

48.It is the present worth of all future profits that are to

be received through ownership of the property
value

49. Is the worth of the property which is equal to the

original cost less the amount which has been charge to
depreciation
book value

50. Specifies a definite portion of ownership of the

capital of the corporation, all each being alike in value
common stock