Chemical Engineering MCQs

Page No. 757

Annual depreciation costs are constant, when the ______________ method of depreciation calculation is used ?


aDeclining balance

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bStraight line

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cSum of the years digit

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dNone of these

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View Answer Straight line

A present sum of Rs. 100 at the end of one year, with half yearly rate of interest at 10%, will be Rs ?


a121

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b110

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c97

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d91

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View Answer 121

Which of the following methods of depreciation calculations results in book values greater than those obtained with straight line method ?


aMultiple straight line method

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bSinking fund method

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cDeclining balance method

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dSum of the years digit method

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View Answer Sinking fund method

Effective and nominal interest rates are equal, when the interest is compounded__________________?


aAnnually

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bFortnightly

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cMonthly

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dHalf-yearly

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View Answer Annually

In a chemical process plant, the total product cost comprises of manufacturing cost and the__________________?


aGeneral expenses

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bOverhead cost

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cR & D cost

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dNone of these

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View Answer General expenses

The ______________ of a chemical company can be obtained directly from the balance sheet as the difference between current assets and current liabilities ?


aCash ratio

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bNet working capital

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cCurrent ratio

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dLiquids assets

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View Answer Net working capital

Factory manufacturing cost is the sum of the direct production cost_________________?


aFixed charges and plant overhead cost

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bAnd plant overhead cost

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cPlant overhead cost and administrative expenses

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dNone of these

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Relative cost of chemical process plants in India is about ______________ percent more than the similar plants in U.S.A ?


a15

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b35

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c55

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d75

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View Answer 35

The ratio of gross annual sales to the fixed capital investment is termed as the ________________ ratio?


aCash reserve

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bCapital

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cTurnover

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dInvestment

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View Answer Turnover

Generally, income taxes are based on the____________________?


aTotal income

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bGross earning

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cTotal product cost

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dFixed cost

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View Answer Gross earning

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