Civil Engineering Mcqs

A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method ?

• (A)  P 2,000.00
• (B)  P 2,100.00
• (C)  P 2,200.00
• (D)  P 2,300.00

Answer

Submitted By :Ali Uppal

A VOM has a selling price of P 400. If its selling price is expected to decline at a rate of 10% per annum due to obsolescence, what will be its selling price after 5 years ?

• (A)  P 222.67
• (B)  P 212.90
• (C)  P 236.20
• (D)  P 231.56

Answer

Submitted By :Ali Uppal

A P 1, 000, 6% bond pays dividend semiannually and will be redeemed at 110% on June 21, 204. It is bought on June 21, 2001 to yield 4% interest. Find the price of the bond ?

• (A)  P 1,122.70
• (B)  P 1,144.81
• (C)  P 1,133.78
• (D)  P 1,155.06

Answer

Submitted By :Ali Uppal

A P 1,000,000 issue of 3%, 15-year bond was sold at 95%. What is the rate of interest of this investment ?

• (A)  3.0%
• (B)  3.4%
• (C)  3.7%
• (D)  4.0%

Answer

Submitted By :Ali Uppal

Miss Calledo deposited P 1,000, P 1,500 and P 2,000 at the end of the 2nd year, 3rd year and 4th year, respectively in a savings account which earned 10% per annum. How much is in the account at the end of the 4th year ?

• (A)  P 4,880.00
• (B)  P 4,820.00
• (C)  P 4,860.00
• (D)  P 4,840.00

Answer

Submitted By :Ali Uppal

A young engineer borrowed P 10,000 at 12% interest and paid P 2,000 per annum for the last 4 years. What does he have to pay at the end of the fifth year in order to pay off his loan ?

• (A)  P 6,999.39
• (B)  P 6,292.93
• (C)  P 6,222.39
• (D)  P 6,922.93

Answer

Submitted By :Ali Uppal

A bond without any security behind them except a promise to pay by the issuing corporation is called __________________?

• (A)  Joint bond
• (B)  Debenture bond
• (C)  Trust bond
• (D)  Common bond

Answer

Submitted By :Ali Uppal

What bond whose security is a mortgage on certain specified assets of the corporation ?

• (A)  Registered bond
• (B)  Collateral trust bond
• (C)  Mortgage bond
• (D)  Debenture bond

Answer

Submitted By :Ali Uppal

A type of bond to which are attached coupons indicating the interest due and the date when such interest is to be paid is called ____________________?

• (A)  Registered bond
• (B)  Coupon bond
• (C)  Mortgage bond
• (D)  Collateral trust bond

Answer

Submitted By :Ali Uppal

What type of bond whose guaranty is in lien on railroad equipment, such as freight and passenger cars, locomotives, etc ?

• (A)  Railroad bond
• (B)  Equipment obligation bond
• (C)  Equipment bond
• (D)  Equipment trust bond

Answer

Submitted By :Ali Uppal