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ESAS1.3

Total questions: 70

Worksheet time: 35mins

Name
Class
Date
1.

RES represents which one of the following?

a)

Retail electricity suppliers

b)

retail electricity supply

c)

retail energy suppliers

d)

retail energy supply

2.

PDC represents which one of the following?

a)

Philippine distribution code

b)

Philippine development corporation

c)

Philippine distribution corporation

d)

Philippine development code

3.

PEP represents which one of the following

a)

Philippine energy plan

b)

Philippine energy program

c)

Philippine electrical plan

d)

Philippine energy project

4.

WESM represents which one of the following?

a)

wholesale electricity spot market

b)

wholesale energy spot market

c)

wholesale electricity support market

d)

wholesale energy support market

5.

CPE represents which one of the following?

a)

continuing professional education

b)

continuing program of education

c)

continuing professional enhancement

d)

continuing process of examination

6.

The member of the board shall not hold office for a term of _ yrs.

a)

3

b)

5

c)

6

d)

10

7.

Each board member must be at least _yrs of age at the time of his appointment.

a)

35

b)

30

c)

40

d)

28

8.

Each board member must have practiced electrical engineering for a period of not less than __yrs prior to his appointment with a sworn statement as such.

a)

10

b)

15

c)

20

d)

5

9.

Each board member must not be connected with schools, universities conferring a degree in electrical engineering and review centers for at least _yrs prior to his appointment

a)

3

b)

5

c)

10

d)

7

10.

The board of electrical engineering shall be composed of how many members?

a)

2

b)

3

c)

1

d)

4

11.

What is an annuity?

a)

a series of uniform amounts over a period of time

b)

the future worth of a present amount

c)

an annual repayment of a loan

d)

a lump sum at the end of a year

12.

When using the net present worth calculations to compare two projects, which of the following could invalidate the calculation?

a)

evaluating over different time period

b)

mutually exclusive projects

c)

non conventional cash flows

d)

difference in the magnitude of the project

13.

What must two investments with the same present worth and unequal lives have?

a)

different uniform annual cash flows

b)

identical salvage values

c)

different salvage values

d)

identical equivalent uniform annual cash flows

14.

What is work in process classified as?

a)

asset

b)

liability

c)

expenses

d)

revenue

15.

Which of the following does not affect owner's equity?

a)

license to start business

b)

dividends paid

c)

invested capital

d)

revenue

16.

What is acid test ratio?

a)

the ratio of current assets (exclusive of inventory) to total current liabilities

b)

the ratio of owner's equity to total current liabilities

c)

the ratio of all assets to total liabilities

d)

the ratio of profit after taxes to equity

17.

It is responsible for the procurement and administration of funds with the view of achieving the objectives of business.

a)

finance

b)

capital

c)

budget

d)

funds

18.

Funds supplied and used by owners of an enterprise in the expectation that a profit will be earned.

a)

equity capital

b)

credit

c)

savings

d)

investment

19.

Funds that are required to make the enterprise or project a going concern

a)

working capital

b)

accumulated amount

c)

present worth

d)

banking

20.

The length of time usually in years, for the cumulative annual profit to equalized the initial investment is

a)

payback period

b)

receivable turnover

c)

return on investment

d)

useful life

21.

The unrecovered depreciation which resulted from poor estimate of the life of equipment

a)

sunk cost

b)

in-place value

c)

economic life

d)

annuity

22.

What factor must be considered by investor before he invests?

a)

rate of return

b)

return on investment

c)

hurdle rate

d)

return of capital

23.

A market situation with only one buyer of an item and no goods substitute.

a)

monopsony

b)

monopoly

c)

oligopoly

d)

duopsony

24.

A market situation with few sellers and many buyers.

a)

oligopoly

b)

monopoly

c)

monopsony

d)

duopsony

25.

It is an aggregation of individuals formed for the purpose of conducting a business and recognized by law as fictitious person.

a)

corporation

b)

investors

c)

partnership

d)

stockholders

26.

It is the secondary book of accounts of an enterprise where the credit and debit of an enterprise were written.

a)

ledger

b)

journal

c)

work sheet

d)

balanced sheet

27.

It is the original book of accounts of an enterprise

a)

journal

b)

ledger

c)

balance sheet

d)

work sheet

28.

It is the reduction in the level of national income and output usually accompanied by the fall in general price level.

a)

deflation

b)

inflation

c)

devaluation

d)

depreciation

29.

It is the decrease in money's purchasing power due to increase in material cost and services.

a)

inflation

b)

deflation

c)

devaluation

d)

depreciation

30.

It is the decrease in worth of the property due to passage of time.

a)

depreciation

b)

inflation

c)

deflation

d)

devaluation

31.

It is the difference between the present worth and the future worth of a negotiable paper.

a)

discount

b)

interest

c)

rate of interest

d)

rate of discount

32.

It is the amount earned by one unit of principal during a unit of time.

a)

rate of interest

b)

interest

c)

discount

d)

rate of discount

33.

. It pertains to the series of equal payments occurring at equal period or interval of time.

a)

annuity

b)

amortization

c)

depreciation

d)

depletion

34.

It is a method of paying debt including the principal and interest which is usually done in a series of equal payments occurring at equal period or interval of time.

a)

amortization

b)

depreciation

c)

depletion

d)

annuity

35.

It is a type of annuity where payments are made indefinitely or forever

a)

perpetuity

b)

ordinary annuity

c)

annuity due

d)

deferred annuity

36.

It pertains to series of payments on equal interval of time with common difference

a)

arithmetic gradient

b)

annuity

c)

depreciation

d)

geometric gradient

37.

It pertains to series of payments on equal interval of time with common ratio.

a)

geometric gradient

b)

annuity

c)

arithmetic gradient

d)

depreciation

38.

It is the sum of the first cost and the present worth of annual maintenance and operational costs, costs of repair and the renewal costs.

a)

capitalized cost

b)

annual cost

c)

marginal cost

d)

future worth cost

39.

It the measure of the effectiveness of an investment.

a)

rate of return

b)

profit

c)

dividends

d)

revenue

40.

The difference between capital recovery factor (CRF) and the sinking fund factor (SFF) is equal to

a)

rate of interest

b)

discount

c)

depreciation

d)

profit

41.

The quantity (1 + i)^n represents which one of the following?

a)

future value factor

b)

present value factor

c)

capital recovery factor

d)

compound amount factor

42.

The quantity (1 + i)^-n represents which one of the following?

a)

present value factor

b)

capital recovery factor

c)

compound amount factor

d)

future value factor

43.

The quantity (F/A,i%,n) represents which one of the following?

a)

compound amount factor

b)

present value factor

c)

capital recovery factor

d)

future value factor

44.

The quantity (A/P, i%,n) represents which one of the following?

a)

capital recovery factor

b)

compound amount factor

c)

present value factor

d)

future value factor

45.

The quantity (A/F,1%,n) represents which one of the following?

a)

sinking fund factor

b)

compound amount factor

c)

present value factor

d)

future value factor

46.

When the net torque acting on the body is zero, the body is in

a)

rotational equilibrium

b)

unstable equilibrium

c)

stable equilibrium

d)

translational equilibrium

47.

When the force that act on an object is have a vector sum of zero, the object is said to be in

a)

translational equilibrium

b)

rotational equilibrium

c)

unstable equilibrium

d)

stable equilibrium

48.

If a cone is balanced on its apex, it illustrates what type of equilibrium?

a)

unstable equilibrium

b)

translational equilibrium

c)

rotational equilibrium

d)

stable equilibrium

49.

What principle states that for a horizontal flow of a land through a pipe the sum of pressure and kinetic energy per unit volume of the fluid is constant?

a)

Bernoulli's principle

b)

Pascal's principle

c)

Archimedes principle

d)

Torricelli's principle

50.

The hydrometer is an instrument that uses the principle of

a)

Archimedes principle

b)

Pascal's principle

c)

Reynolds principle

d)

Bernoulli's principle

51.

Which of the following is not a basic component of motion of a fluid element?

a)

twist

b)

translation

c)

rotation

d)

volume distortion

52.

For a fluid, viscosity id defined as the constant of proportionality between shear stress and what other variable?

a)

the spatial derivative of velocity

b)

the time derivative of density

c)

the time derivative of pressure

d)

the spatial derivative of density

53.

What is the definition of pressure?

a)

limit of force over area as area approaches zero

b)

limit of force over area as force approaches zero

c)

limit of area over force as force approaches zero

d)

limit of area over force as area approaches zero

54.

A leak from faucet comes out in separate drops. Which of the following is the main cause of this phenomenon?

a)

surface tension

b)

gravity

c)

air resistance

d)

viscosity of the fluid

55.

If the shear stress in a fluid varies linearly with the velocity gradient, which of the following describes the fluid?

a)

it is a Newtonian fluid

b)

it is inviscid

c)

it is a perfect gas

d)

it is at constant temperature

56.

If a fluid fails in piping system, the failure is related to which of the following properties?

a)

vapor pressure

b)

viscosity

c)

surface tension

d)

bulk modulus

57.

The speed by which a liquid escapes from a vessel through an orifice is given by

a)

Torricelli's principle

b)

Bernoulli's theorem

c)

Archimedes principle

d)

Flow equation

58.

How are lines of constant pressure in a fluid related to the force field?

a)

they are perpendicular to the force field

b)

they are parallel to the force field

c)

they are at 45° angle to the force field

d)

they are perpendicular only to the force of gravity

59.

Under what condition is mass conserved in fluid flow?

a)

it is always conserved

b)

the fluid is baratropic

c)

the fluid is incompressible

d)

the flow is adiabatic

60.

What is the absolute velocity of a real fluid at a surface?

a)

the velocity of the surface

b)

the same as the bulk fluid velocity

c)

zero

d)

proportional to the smoothness of the surface

61.

What is the origin of the energy conservation equation used in flow system?

a)

the first law of thermodynamics

b)

Newton's first law of motion

c)

Newton's second law of motion

d)

the second law of thermodynamics

62.

Which of the following is the basis for Bernoulli's law for fluid flow?

a)

the principle of conservation of energy

b)

the principle of conservation of mass

c)

the continuity equation

d)

Fourier's law

63.

Which of the following ratio is correct in providing a physical meaning for the Reynolds number?

a)

inertial force/viscous force

b)

buoyant force/inertial force

c)

viscous force/inertial force

d)

drag force/viscous force

64.

Where does the Moody diagram for friction factors for pipe flow come from?

a)

experimental results for viscus fluids

b)

experimental results for inviscid fluids

c)

calculations based on potential flow

d)

applying the principle of conservation of mass

65.

For pipe flow in the laminar region, the friction factor is equal to?

a)

64/Re

b)

I/RE

c)

Re

d)

Re^2

66.

For fully developed laminar flow of fluid in pipes, the average velocity is what fraction of the maximum velocity in the pipe?

a)

1/2

b)

1/8

c)

1/4

d)

3/4

67.

It is the cause of the rise or fall of liquid in tubes with small diameter.

a)

capillarity

b)

surface tension

c)

cohesion

d)

adhesion

68.

What is negative pressure?

a)

vacuum pressure

b)

absolute pressure

c)

gage pressure

d)

hydrostatic pressure

69.

How many Pascal is one bar?

a)

10^5

b)

1013

c)

100

d)

104 210

70.

How many Pa-s is one poise?

a)

0.1

b)

0.01

c)

0.001

d)

0.0001