1291. A loan of P5,000 is made for a period of 15 months, at a simple interest rate of 15%, what future amount is due at the end of the loan period ?
A. 5,937.50
B. 5,873.20
C. 5,712.40
D. 5,690.12
✅ The correct answer is option A.
Civil Engineering
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1292. A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand ?
A. 1.0 hour per unit
B. 1.2 hours per unit
C. 1.4 hours per unit
D. 1.6 hours per unit
✅ The correct answer is option A.
1293. The depletion allowance method of computing depletion is commonly known as ___________________?
A. Unit method
B. Percentage method
C. Factor method
D. Sinking fund method
✅ The correct answer is option B.
1294. 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
✅ The correct answer is option A.
1295. What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market ?
A. Perfect competition
B. Oligopoly
C. Oligopsony
D. Monopoly
✅ The correct answer is option A.
1296. 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
✅ The correct answer is option B.
1297. “When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the______________?
A. Law of diminishing return
B. Law of supply
C. Law of demand
D. Law of supply and demand
✅ The correct answer is option A.
1298. What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents ?
A. Depletion
B. Inflation
C. Depreciation
D. Deflation
✅ The correct answer is option A.
1299. In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes ?
A. Straight line method
B. Sinking fund method
C. Sum-of-year digit method
D. Declining balance method
✅ The correct answer is option B.
1300. In what method of computing depreciation where it assumes that the loss in value is directly proportional to the age of the equipment or asset ?
A. Straight line method
B. Sinking fund method
C. Sum-of-year digit method
D. Declining balance method
✅ The correct answer is option A.