Chemical Engineering MCQs

Page No. 755

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


aAgeing

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bWear and tear

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cObsolescence

✓


dBreakdown or accident

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View Answer Obsolescence

Depreciation is ____________________ in profit with time?


aDecrease

✓


bIncrease

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cNo change

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dNone of these

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View Answer Decrease

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


aFixed

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bOverhead

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cUtilities

✓


dCapital

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View Answer Utilities

Gross earning is equal to the total income minus___________________?


aTotal product cost

✓


bFixed cost

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cIncome tax

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dNone of these

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View Answer Total product cost

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


aTotal annual rate of production equals the assigned value

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bTotal annual product cost equals the total annual sales

✓


cAnnual profit equals the expected value

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dAnnual sales equals the fixed cost

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


a5 to 10

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b20 to 30

✓


c40 to 50

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d60 to 70

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View Answer 20 to 30

Scheduling provides information about the_________________?


aProper utilisation of machines

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bMeans to minimise idle time for machines

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cTime of completion of job

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

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


aEquipment installation cost

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bEquipment cost by scaling

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cCost of piping

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dUtilities cost

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


ap[(1+i)n – 1)]

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bp(1 + i)n

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cp(1 – i)n

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dp(1 + in)

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View Answer p[(1+i)n – 1)]

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


aAssets = equities

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bAssets = liabilities + net worth

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cTotal income = costs + profits

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dAssets = capital

✓


View Answer Assets = capital

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