Economics

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MULTIPLE CHOICE

1.A type of bond where the corporation


pledges securities which it owns (I,e,
stocks, bonds of its subsidiaries).
A.Mortgage B.Registered bond
C.Coupon bond D.Collateral trust bond
2.The place where buyers and sellers
come together.
A.Market B.Business C.Recreation
center D.Buy and sell section
3.An evil wrong committed by a person
damaged another person’s property or
reputation is
A.tort B.material breach C.negligence
D.fraud
4.What is the probability of not getting a
red ball from a bag containing 3 white
balls, 5 blue balls ,and 4 red balls?
A. 2/3 C. 1/3
B. 5/12 D. 1/4
5.In how many ways can 7 persons be
seated on a round table if a certain couple
is in the group and must be seated
together?
A. 240 B. 360 C. 120 D. 720
6.A 100 liter mixture with 85 alcohol is
placed in a container. How much water
should be added to produce a mixture
with 65 alcohol?
A. 25.6 8 B. 20.6 C. 30.8 D. 35.8
7. What is the highest position in the
corporation?
A.President C.Chairman of the Board
B.Board of Directors D.Stockholders
8.An association of two or more
individuals for the purpose of operating a
business as co-owners for profit.
A.Sole proprietorship C.Partnership
B.Company D.Corporation
9.Liquid assets such as cash and other
assets that can be converted quickly into
cash, such as accounts receivable and
merchandise are called
A.total assets C.current assets
B.fixed assets D.none of the above
10. The length of time which the
property may be operated at aprofit.
A.Physical life B.Economic life
C.Operating life above D.All of the
above
11. The provision in the contract that
indicates the possibleadjustment of
material cost and labor cost. A.Secondary
clause C.Contingency clause
B.Escalatory clause D.Main clause
12. Gross profit, sales less cost of good
sold, as a percentageof a sales is called
A.profit margin C.net income
B.gross margin D.rate of return
13. Those funds that are required to make
the enterprise orproject a going concern.
A.Initial investment C.Working
capital
B.Current accounts D.Subscribed
capital
14. The payment for the use of borrowed
money is called
A.loan B.maturity value C.interest
D.principal
15. Sometimes called second hand value.
A.Scrap value B.Salvage value C.Book
value D.Going value
16. If John gives 5 to Allen and Allen
gives 2 to Eduard, andthey have the same
money thereafter, how much is Johns
money higher than Allen?
A. 7 C. 8
B. 5 D. 3
17. Transform the polar equation r2
cos(theta)sin(theta)= 4 to rectangular
coordinates.
A. xy = 4 B. x 2y = 4 C. x + y = 4
D. x2 + y2 = 4
18. Given f(x)= (x 1)/(x3 3x2 + 2x),
find x when the value of f(x) is
undefined.
A. 0, -1 and -2 C. 0 and 2
B. 0, 1 and 2 D. 1 and 2
19. Given f(x)= 3x 5, g(f(x))= x , find
g(x).
A. (2x + 5)/3 C. (x + 5)/3
B. (3x 5)/4 D. (x 5)/3
20. The value which has a disinterested
third party, differentfrom the buyer and
seller, will determine in order to establish
a price acceptable to both parties.
A.Market value C.Fair value
B.Goodwill value D.Franchise value
21. It is a series of equal payments
occurring at equal intervalsof time where
the first payment is made after several
periods, after the beginning of the
payment.
A.Deferred annuity C.Progressive
annuity
B.Delayed annuity D.Simple annuity
22. A method of computing depreciation
in which the annual chargeis a fixed
percentage of the depreciation book
value at the beginning of the year to
which the depreciation applies.
A.Straight lime method C.SYD
method
B.Sinking fund method D.Declining
balance method
23. A method of depreciation where a
fixed sum of money isregularly deposited
at compound interest in a real or
imaginary fund in order to accumulate an
amount equal to the total depreciation of
an asset at the end of the asset’s
estimated life.
A.Straight line method C.Declining
balance method
B.Sinking fund method D.SYD
method
24. The lessening of the value of an asset
due to the decreasein the quantity
available (referring to the natural
resources, coal, oil, etc.)
A.Depreciation C.inflation
B.depletion D.incremental cost
25. An association of two or more
persons for a purpose ofengaging in a
profitable business.
A.Sole proprietorship C.Partnership
B.Enterprise .Corporation
26. A distinct legal entity which can
practically transact anybusiness
transaction which a real person could do.
A.Sole of proprietorship B.Enterprise
C. Partnership D. Corporation
27. A type of bind where the corporation
pledges securitieswhich it owns (I,e,
stocks, bonds of its subsidiaries).
A.Mortgage B.Registered bond
C.Coupon bond D.Collateral trust bond
28. A type of bond which does not have
security except apromise to pay by the
issuing corporation. A.Mortgage bond
B.Registered bond C.Collateral trust
bond D.Debenture bond
29. The residual value of a company’s
assets after all outsideliabilities
(shareholders excluded) has been
allowed for.
A.Dividend B.Equity C.Return D.Per
value
30. The quantity of a certain commodity
that is bought at acertain price at a given
time and place. A.Demand B.Supply
C.Market D.Utility
31. Solve for N if log of 3 top the base 6
equ als N.
A. 0.613 B. 0.218 C. 0.316 D. 0.816
32. A man bought a 20 book and wishes
to sell it. At what priceshould he mark it
if he wishes to give a 40 percent discount
and make 50 percent profit on the cost?
A. 40 B. 55 C. 50 B. 55D.30
33. A steel plate 6 cm square is to be
formed into an open boxby cutting equal
squares out of the corners and bending up
the edges to form a box. What is the side
of the square removed so that the box
formed will have a maximum volume?
A. 1.0 cm B. 1.5 cm C. 0.5 cm D. 2.0 cm
34. The greatest unit pressure the soil can
continuously standis called
A.bearing strength B.yield strength
C.ultimate strength D.fatigue strength
35. Refers to the highest ordinate on the
stress-strain diagram.
A.Rapture strength B.Ultimate strength
C.Yield strength D.Allowable strength
36. A kind of stress that is caused by
forces acting along orparallel to the area
resisting the force. A.Tensile stress
B.Bearing stress C.Shearing stress
D.Tangential stress
37. The ratio of the unit deformation or
strains in a transversedirection is constant
for stresses within the proportional limit.
This is known as
A.Hooke’s Law B.Mohr’s circle
C.Poisson ratio D.Slenderness ratio
38. What is the constant term in the
expansion of (2x2 + 1/x)9 ?
A. 672 B. 724 C. 748 D. 860
29. Solve for x: 23x = 64
A. 4 B. 6 C. 2 D. 1
39. Find x in the expression log 3 to the
base 6 equals x timeslog 3 to the base 2.
A. 1/3 B. 1/2 C. 2/3 D. 3/4
40. If ln x = 3 and ln y = 5, find ln(x2
/y1/2)
A. 1.5 B. 2.5 C. 3.5D. 4.5
41. A river is 580 ft wide. The bridge
constructed across the river is banked 1/7
of its length in the east and 1/6 in the
west What is the length of the bridge?
A. 840 ft B. 760 ft C. 910 ft D. 1000 ft
42. What is the probability of getting two
faces in a deck of cards if drawing of
cards is to be done twice? A. 0.02 B.
0.05 C. 0.04 D. 0.03
43. A plane with a velocity of 300 mph
din still air, is travelling against the wind
and travels a distance of 900 miles in 4
hours. Find the headwind velocity.
A. 75 mph B. 100 mph C. 150 mph D.
200 mph
44. A, B and C are points on a circle. AC
bisects the circle and AB = BC. The area
of triangle ABC is most clearly what
percent of the circles area?
A. 44 C. 36 D. 32 B. 24
45. Find the value of x for which f(x) is
minimum given f(x) = x2 + 5x + 2 = 0
A. 0 B. -5/2 C. -2 B. D. -3/2

46. Solve for x: x 3 = 3(1 x) A. 0.67


B. 0.33 C. 1.50 D. 1.67
47. Find the equation of the family of
lines in which the slopeand the y-
intercept are equal.
A. y’ = x/y B. y’ = y/(x + 1 C. y’ = y/x
B.) D. y’ = x + y
48. Find the radius of the circle
circumscribing a regularpentagon with
area 560 square units.
A. 15.347 B. 16.879 C. 11.254 D.
10.543
49. Find the equation of the circle
circumscribing a trianglewith vertices (-
1,-3), (-2, 4), (2, 1).
A. x 2 + 3x + y2 7y 10 = 0
B. x 2 + 3x + y2 + 7y 10 = 0
C. x 2 + 3x + y2 y 10 = 0
D. x 2 + 3x + y2 7y + 10 = 0
50. The upper and lower bases of a
trapezoid measures 12 in and16 in
respectively. If the base angles are 55
deg and 65 deg. What is the length of the
shorter leg? A. 3.78 B. 2.18 C. 5.24 D.
4.29
51. What is the maximum area of the
rectangle inscribed in an ellipse having
an equation of 4x2 + 16y2 = 16. A. 4 B.
12 C. 8 D. 6
52. When a right circular cone is cut by a
plane parallel to the axis of the cone the
conic section formed is a/an A. parabola
B. ellipse C. circle D. hyperbola
53. If the second derivative of the
equation of a curve is equal to the
negative of the equation of that same
curve, the curve is.
A. paraboloid B. exponential C. tangent
D. sinusoidal
54. The act of charging two or more
buyers or sellers different prices for the
same product where the elasticity of
supply or demand at each price level
differs among market is known as
A. price manipulation B. price
optimization C. price discrimination D.
price war
55. A situation in which rival firms drive
prices down through attempts to undercut
each others prices is called
A. price war B. price discrimination C.
price leadership B. D. price manipulation
56. Maximum plant capacity in which a
CPM is allowed to operate, tend or
maintain
A. 200 kW B. 220 kW C. 224 kW D.
242 kW
57. The state of a thermodynamic system
is defined by its
A. temperature B. pressure and
temperature C. process B. D. properties
58. The partial pressure of a gas is the
pressure that the gas will exert if it alone
occupies the volume occupied by the
mixture at the same temperature of the
mixture.
A. Dalton’s law B. Avogadro’s law C.
Amagat’s law D. Pascal’s law
59. An accounting book where the
original record of all transaction is
ordinarily recorded.
A. journal B. balance sheet C. ledger B.
D. balance sheet
60. Given f(x)= 2x + 4, g(x) = 1/x, find
f(g(f(x))) A. 1/(2x + 4) B. B. 1/2x C. 2x
+ 4 D. 2x + 4
61. Simplify : (a-2 ) 2 / (b-2 ) 3 A. b
6 /a4 B. a 6 /b4 C. b4 /a6 D. a4 /b6
62. Find the roots of the equation x3
16x = 0. A. 0,4 B. 0,-4,-4 C. 0,-4 D. 0,-
4,4
63. Solve for x in the equations: 2(x +
y)=100 and 4(x + y)=10.
A. 4.55 B. 4.25 C. 4.75D. 4.15
64. What is the value of x in the
proportion (x + 1):4 = 15:44. A. 6 B. 4
C. 5 D. 3
65. Determine the number of diagonals
of a polygon with 15 sides
A. 60 B. 80 C. 120 D. 90
66. What is the area of the rhombus with
diagonals of 10 m and24 m? A. 150 B.
240 C. 120 D. 180
67. Evaluate the limit of xx as x
approaches to zero. A. 0 B. 1 C. 1 B. /2
D. indeterminate
68. Three circles are externally tangent
to each other and having the distances of
their centers of 20 in., 23 in., and 25 in.
What is the radius of the largest circle?
A. 10 B. 14 C. 12 D. 16
69. Tom earned 200 for working 40
hours, if he works over time he will be
paid 1.5 times his regular income. If tom
received a total of 230, how many hours
did he worked? A. 4 B. 44 C. 5 B. D. 55
70. The point on the curve where the
second derivative of the function is zero.
A. maxima B. minima C. point of
inflection D. point of deflection
71. What is the trigonometric substitution
used for a function involving a2 x 2 ?
A. x = asin(theta) B. x = acos(theta C. x
= atan(theta)) D. x = asec(theta)
72. The first derivative of cosine x is
A. sin x B. cosx C. sin B. cosx D. sec x
73. The sum of three numbers is 19.
What is the smallest number in the group
if their geometric mean is 6. A. 2 B. 6 C.
8 D. 4
74. Which of the following numbers will
give a maximum difference when
subtracted by its cube?
A. 0.707 B. 0.533 D C. 0.500. 0.577
75. Decrease in the value of physical
property due to the passage of time.
A. depreciation B. inflation C. recession
D. depletion
76. A situation whereby payment is made
for work not done. The term also applies
to the case where more workers are used
than are reasonable requirement for
efficient operation. A. feather bedding C.
check-in pay
B. downtime pay D. moon lighting
77. The minimum grade of mechanical
engineer required in the operation of 500
kW Diesel Power Plant. A. RME B.
CPM C. PME D. MPE
78. The ratio of average load to plant
capacity. A. capacity factor B. use factor
C. demand factor D. load factor
79. Two cylinders each weighing 100 kN
and 200 kN with radii of100 mm and 200
mm respectively, are placed with the
heavier weight above the lighter weight
and placed in a container with a width of
500 mm. Assume the lengths of the
cylinders and container are the same.
What is the reaction between the
cylinders? A. 268.28 B. 300.00 C. 200.00
D. 293.25
80. A man is standing on a cliff 897
meters. He struck a tree with his axe and
the sound 5.2 seconds after. Assuming
constant temperature, what is the velocity
of sound on that day?
A. 340 m/s B. 342 m/s C. 345 m/s D.
453 m/s
81. A 4 inches diameter sphere is
floating on water with its hemisphere
submerged. Solve for the density of the
sphere.
A. 31.2 lb/ft3 B. 1000 lb/ft3 C. 62.4
lb/ft3 D. 64.2 lb/ft3
82. A block of wood is floating in
seawater with submerged height of 30
cm. If placed in a pool of mineral oil
with specific gravity of 0.80, what will
be the submerged height of the wood?
A. 30 cm B. 39 cm C. 43 cm D. 29 cm
83. Find the velocity of the liquid in the
tank at the bottom 10 meters below the
surface.
A. 14 m/s B. 20 m/s C. 16 m/s D. 10 m/s
84. The cause of a fluid to contract. A.
adhesion B. surface tension C. capillary
D. cohesion
85. Entropy is a measure o
f A. randomness or disorder B. the
change of enthalpy of a system C. the
heat capacity of a substance
D. the internal energy of a gas
86. What is the most efficient
thermodynamic cycle?
A. Rankine C. Diesel B. Otto D. Carnot
87. What is the pressure at 4000 ft above
sea level? A. 29.92 in Hg B. 24.00 in Hg
C. 26 in Hg D. 22 in Hg 88. At what
temperature are the degrees Fahrenheit
and degrees Celsius equal? A. 40 B. 60
C. -40 D. -60 89. A pendulum has a
certain frequency in London. What is
thee ffect of this frequency if it is
measured with respect to the equator? A.
increase B. decrease C. remains the same
D. none of these
90. An interest earning fund in which
equal deposits are made at equal intervals
of time for the purpose of gradually
accumulating a specific sum of money
required at some future date.
A. sinking fund B. decrease C.
amortization D. capitalized cost
91. Find the minimum force P required
to turn a 350 lb wheel with diameter of
10 inches over a block with a height of 2
inches. A. 240 N B. 340 N C. 120 N D.
170 N
92. Find the nominal rate which if
converted semi-annually could be used
instead of 11.55 compounded quarterly?
A. 11.06 B. 11.39 C. 11.72 D. 12.72
93. A company purchased an asset for
P10,000 and plans to keep it for 10 years.
The salvage value after 10 years is
P2000. Find the book value after 3 years.
A. P6700 B. P7100 C. P7600 D. P8000
94. A formal organization of producers
with an industry forming a perfect
collision purposely formed to increase
profit and block new comers from the
industry:
A. monopoly B. corporation C. cartel D.
competitors
95. A pile of logs contains 75 logs so that
the top layer contains 3 logs and each
lower layer has one more log than the
layer above. How many logs are there in
the bottom layer?
A. 10 B. 14 C. 12 D. 16
96. If f(x, y) = (x2 - 2xy + y2 )/(x2 y
2 ), f(-x , -y)is equal to
A. 1/(-x + y) B. (x + y)/(y x) C. (-x +
y)/(x + y) D. (x y)/(x + y)
97. Kinematic viscosity is an SI
derivative unit described a A.watt per
meter Kelvin B.sq. meters per second
C.Pascal second D.Newton per meter
98. The length of the time during which
property may be operatedat a profit:
A.life B.length of time C.physical life
D.economic life
99. In a cantilever beam with a
concentrated load at the free end, the
moment is:
A.constant along the beam B.maximum
at the wall C. maximum half way out on
the beam D.maximum at the free end
100.The logarithm of 1 to any base is:
A.indeterminate B.zero C.infinity
D.one

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