MCQ Hive - Changing Pathways to Wisdom

What bond whose security is a mortgage on certain specified assets of the corporation ?

A. Registered bond
B. Collateral trust bond
C. Mortgage bond
D. Debenture bond

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What was the theme of international Forest day 2018?

A. Forest and sustainable cities
B. Forest and water
C. Forest and ecosystem
D. Forest matters

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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

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What type of bond whose guaranty is in lien on railroad equipment, such as freight and passenger cars, locomotives, etc ?

A. Railroad bond
B. Equipment obligation bond
C. Equipment bond
D. Equipment trust bond

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What type of bond is issued jointly by two or more corporations ?

A. Mortgage bond
B. Joint bond
C. Tie-up bond
D. Trust bond

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What refers to a document that shows proof of legal ownership of a financial security ?

A. Bond
B. Bank note
C. Coupon
D. Check

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A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even ?

A. 2.590
B. 2,632
C. 2,712
D. 2,890

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A telephone switchboard 100 pair cable can be made up with either enameled wire or tinned wire. There will be 400 soldered connections. The cost of soldering a connection on the enameled wire will be P 1.65 on the tinned wire, it will be P 1.15. A 100- pair cable made up with enameled wire cost P 0.55 per linear foot and those made up of tinned wire cost P 0.75 per linear foot. Determine the length of cable run in feet so that the cost of each installation would be the same ?

A. 1,000 feet
B. 1,040 feet
C. 1,100 feet
D. 1,120 feet

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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

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A manufacturer produces certain items at a labor cost of P 115 each, material cost of P 76 each and variable cost of P 2.32 each. If the item has a unit price of P 600, how many units must be manufactured each month for the manufacturer to break even if the monthly overhead is P428,000 _________________?

A. 1,033
B. 1,037
C. 1,043
D. 1,053

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