Master Plumber - Plumbing Arithmetic

Who is the father of geometry?

• Socrates

• Aristotle

• Euclid

• Galileo

For any two triangles, if an angle of one triangles is congruent to an angle of the other and if the two sides of one triangle are proportional to two sides of the other, they are what kind of triangles?

• Complementary

• Supplementary

• Similar

• Dissimilar

An angle inscribed in a semi-circle is always?

• Unaligned

• More than 90 degrees

• Less than 90 degrees

• 90 degrees

The lessening of the value of an asset due to the decrease in the quantity available preferring to the natural resources?

• Depreciation

• Inflation

• Depletion

• Incremental cost

Decrease in the value of a physical property due to the passage of time.

• Inflation

• Recession

• Depletion

• Depreciation

We may classify an interest rate which specifies the actual rate of interest on the principal for one year as?

• Nominal rate

• Exact interest rate

• Rate of return

• Effective rate

Lands, buildings, plant and machinery are examples of

• Current assets

• Trade investments

• Fixed assets

• Intangible assets

A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities.

• Sole proprietorship

• Entrepreneurship

• Partnership

• Corporation

An association of two or more individuals for the purpose of operating a business as co-owners for profit.

• Sole proprietorship

• Entrepreneurship

• Partnership

• Corporation

It is defined to the capacity of a commodity to satisfy human want.

• Discount

• Luxury

• Necessity

• Utility