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MCQs

Total Questions : 932 | Page 6 of 94 pages
Question 51. Pick up the correct statement from the following:
  1.    The receipts and disbursements in a given time interval are referred to as cash flow
  2.    The assumptions that all cash flows occur at the end of the interest period, is known as the end of period convention
  3.    The cash flow diagram represents the statement of the problem and also includes what is given and what is to be found
  4.    All of the above
 Discuss Question
Answer: Option D. -> All of the above
Question 52. Pick up the correct reason for making conceptual (or preliminary) estimate from the following:
  1.    To have a check on a definitive cost estimate
  2.    To check quotations from contractors and/or sub-contractors
  3.    To compute target estimate for the owner while drawing and specifications are in initial stage
  4.    All of these
 Discuss Question
Answer: Option D. -> All of these
Question 53. Pick up the main purpose of project cost control from the following:
  1.    To signal immediate warning of uneconomic operations
  2.    To provide a feed back to the estimator
  3.    To promote cost consciousness
  4.    All of these
 Discuss Question
Answer: Option D. -> All of these
Question 54. Which method is adopted to develop an approximate or conceptual estimate for perimeter works for buildings from the following?
  1.    Base unit method
  2.    Cost per function method
  3.    Cost per square metre method
  4.    Cost per linear metre method
 Discuss Question
Answer: Option D. -> Cost per linear metre method
Question 55. If there are many sellers and few buyers, the market situation is _________ .
  1.    Duopsony
  2.    Oligopoly
  3.    Oligopsony
  4.    Monopoly
 Discuss Question
Answer: Option C. -> Oligopsony
Question 56. What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want?
  1.    Services
  2.    Goods
  3.    Commodities
  4.    Goods or commodities
 Discuss Question
Answer: Option D. -> Goods or commodities
Question 57. What refers to the claim of anyone to ownership?
  1.    Proprietorship
  2.    Assets
  3.    Equity
  4.    Liability
 Discuss Question
Answer: Option C. -> Equity
Question 58. What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want?
  1.    Services
  2.    Goods
  3.    Commodities
  4.    Goods or commodities
 Discuss Question
Answer: Option A. -> Services
Question 59. Which is NOT an essential element of an ordinary annuity?
  1.    The amounts of all payments are equal.
  2.    The payments are made at equal interval of time.
  3.    The first payment is made at the beginning of the first period.
  4.    Compound interest is paid on all amounts in the annuity.
 Discuss Question
Answer: Option C. -> The first payment is made at the beginning of the first period.
Question 60. What type of bond is issued jointly by two or more corporations?
  1.    Mortgage bond
  2.    Joint bond
  3.    Tie-up bond
  4.    Trust bond
 Discuss Question
Answer: Option B. -> Joint bond

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