Civil Engineering Mcqs

What is defined as the reduction or fall of the value of an asset due to constant use and passage of time ?

• (A)  Depletion
• (B)  Inflation
• (C)  Depreciation
• (D)  Deflation

Answer

Submitted By :Ali Uppal

The price at which the callable bond will be redeemed from the bondholder is called ____________________?

• (A)  Par value
• (B)  Call value
• (C)  Face value
• (D)  Redemption value

Answer

Submitted By :Ali Uppal

What is the feature of some bonds whereby the issuer can redeem it before it matures ?

• (A)  Return clause
• (B)  Callability
• (C)  Recall clause
• (D)  Call class

Answer

Submitted By :Ali Uppal

What type of bond which can be redeemed before maturity date ?

• (A)  Preferred bond
• (B)  Registered bond
• (C)  Incorporators bond
• (D)  Callable bond

Answer

Submitted By :Ali Uppal

What type of bond where the corporation’s owner name are recorded and the interest is paid periodically to the owners with their asking for it ?

• (A)  Preferred bond
• (B)  Registered bond
• (C)  Incorporators bond
• (D)  Callable bond

Answer

Submitted By :Ali Uppal

A type of bond where the corporation pledges securities which it owns such as the stock or bonds of one of its subsidiaries ?

• (A)  Mortgage bond
• (B)  Joint bond
• (C)  Security bond
• (D)  Collateral trust bond

Answer

Submitted By :Ali Uppal

What do you call the after-tax present worth of all depreciation effects over the depreciation period of the asset ?

• (A)  Asset recovery
• (B)  Depreciation recovery
• (C)  Period recovery
• (D)  After-tax recovery

Answer

Submitted By :Ali Uppal

Using factor method, the depletion at any given year is equal to ?

• (A)  Initial cost of property times number of unit sold during the year divided by the total units in property
• (B)  Initial cost of property divided by the number of units sold during the year
• (C)  Initial cost of property times number of units sold during the year
• (D)  Initial cost of property divided by the total units in property

Answer

Submitted By :Ali Uppal

What is another term for “unit method” for computing depletion ?

• (A)  Initial cost method
• (B)  Percentage method
• (C)  Factor method
• (D)  Sinking fund method

Answer

Submitted By :Ali Uppal

The depletion allowance method of computing depletion is commonly known as ___________________?

• (A)  Unit method
• (B)  Percentage method
• (C)  Factor method
• (D)  Sinking fund method

Answer

Submitted By :Ali Uppal