Chemical Engineering MCQs

Page No. 755

Functional depreciation of an equipment is the measure of decrease in its value due to its _________________?


aAgeing


bWear and tear


cObsolescence


dBreakdown or accident


View Answer Obsolescence

Depreciation is ____________________ in profit with time?


aDecrease


bIncrease


cNo change


dNone of these


View Answer Decrease

Effluent treatment cost in a chemical plant is categorised as the __________________ cost?


aFixed


bOverhead


cUtilities


dCapital


View Answer Utilities

Gross earning is equal to the total income minus___________________?


aTotal product cost


bFixed cost


cIncome tax


dNone of these


View Answer Total product cost

In a manufacturing industry, breakeven point occurs, when the___________________?


aTotal annual rate of production equals the assigned value


bTotal annual product cost equals the total annual sales


cAnnual profit equals the expected value


dAnnual sales equals the fixed cost



Cost of instrumentation in a modern chemical plant ranges from _____________________ percent of the total plant cost?


a5 to 10


b20 to 30


c40 to 50


d60 to 70


View Answer 20 to 30

Scheduling provides information about the_________________?


aProper utilisation of machines


bMeans to minimise idle time for machines


cTime of completion of job


dTime of starting of job and also about how much work should be completed during a particular period



‘Six-tenth factor’ rule is used for estimating the_________________?


aEquipment installation cost


bEquipment cost by scaling


cCost of piping


dUtilities cost



The amount of compounded interest during ‘n’ interest periods is_________________?


ap[(1+i)n – 1)]


bp(1 + i)n


cp(1 – i)n


dp(1 + in)


View Answer p[(1+i)n – 1)]

In financial accounting of a chemical plant, which of the following relationship is invalid ?


aAssets = equities


bAssets = liabilities + net worth


cTotal income = costs + profits


dAssets = capital


View Answer Assets = capital

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