A type of bond whose guaranty is in lien on railroads equipments.

If the security of the bond is a mortgage on certain specified asset of a corporation, this bond is classified as

A type of bond where the corporation’s owners name are recorded and the interest is paid periodically to the owners with their asking for it.

An increase in the value of a capital asset is called

Bond to which are attached coupons indicating the interest due and the date when such interest is to be paid.

An amount of money invested at 12% interest per annum will double in approximately 

The 72 rule is used to determine

To triple the principal one must use

A currency traded in a foreign exchange market to which the demand is consistently high in relation to its supply.

Everything a company owns to which has a money value is classified as an asset. Which of the following is classified as an asset?

Which of the example of an intangible asset?

Land buildings, plants and machinery are examples of 

The reduction in the money value of a capital asset is called

It is negotiable claim issued by bank in lieu of a team deposit.

Any particular raw materials or primary product (e.g. cloth, wool, flour, coffee..)  is called

If denotes the fall in the exchange rate of one currency in terms of others. The term usually applies to floating exchange rates.

The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound).

The residual value of a company’s assets after all outside liabilities (shareholders excluded)m have been allowed for.

A saving which takes place because good are not available for consumption rather than the consumer really want to save.

A document that shows proof of legal ownership of a financial security.

Defined as the capacity of commodity to satisfy human want.

It is the profit obtained by selling stocks at a higher price than its original purchase price.

The quantity of a certain commodity that is offered for sale at a certain price at a given time and place.

The quantity of a certain commodity that is bought at a certain price at a given time and place.

“When free competition exists, the price of a product will be that value where supply is equal to the demand

“When one of the factors of production is fixed in quantity or is difficult to increase, increasing the others factors of production will result in a less than proportionate increase in output.”

An accounting term that represents an inventory account adjustments.

The simplest economic order quantity (EOQ) model is based on which of the following assumptions.

In the cash flow, expenses incurred before time = 0 is called

In economics, a “short – term” transaction usually has a lifetime of 

An imaginary cost representing what will not be received if a particular strategy is rejected.

In replacement studies, the existing process or piece of equipment is known as

In replacement studies, the new process or piece of equipment being considered for purchase is known as.

_______ means that the cost of the asset is divided into equal or unequal parts, and only one of these parts is taken as an expense each year.

Indicate the CORRECT statement about depreciation.

An artificial deductible operating expense designated to compensate mining organizations for decreasing mineral reserves.

The change in cost per unit variable change is known as 

What type of cost increases step-wise?

Which of the following is NOT a variable cost?

Which of the following is Not a fixed cost?

The annual costs that are incurred due to the functioning of a piece of equipment is known as

The sum of the direct labor cost and the direct material cost is known as

Research and development costs and administrative expenses are added to the factory cost to give the _______ of the product.

The manufacturing cost plus selling expenses equals

Which of the following is NOT a direct labor expense?

All are administrative expenses EXCEPT:

One of the following is NOT a selling or marketing expense. Which one?

Research and development expenses includes all EXCEPT one. Which one?

Which is not a factory overhead expense?

Bookkeeping consists of two steps, namely recording the transactions and categorization of transactions. Where are the transactions (receipts and disbursements? Recorded?

The following are ledger accounts EXCEPT:

The journal and the ledger together are known simply as _____ of the company.

The basic accounting equation is

The ability to convert assets to cash quickly is known as

The ability to meet debts as they become due is known as 

What is considered as an index of short-term paying ability?

An acid test ratio is a ratio of

The ratio of the net income to the owner’s equity is known as

Payback period is the ratio of

A secondary book of accounts the information of which is obtained from the journal

The present worth of cost associated with an asset for an infinite period of time is referred to as

A stock of a product which is held by a trade body or government as a means of regulating the price of that product.

A negotiable claim issued by a bank in lieu of a term deposit is called

A form of business firm which is owned and run by a group of individuals for their mutual benefit

A document which shows the legal ownership of financial security and entitled to payments thereon.

A government bond which have an indefinite life rather than a specific maturity

Refers to the orders quantity that minimizes the inventory cost per unit time.

What is referred to as an individual who organizes factors of production to undertake a venture with a view to profit?

The money that is inactive and does not contribute to productive effort in an economy is known as

In counting the number of days when computing simple interest,

In the so-called “Banker’s Rule”,

To discount an amount F for n conversion periods means

In the formula for compound interest, F= P (1+i)n, the value (1+i)n is called ____.

To find the present worth of a future amount in compound interest, we use the formula P=F(1+i)-n. What do you call the factor (1+i)-n?

What refers to an equation stating that the sum of the values, on a certain comparison date, of one set of obligations is equal to the sum of the value of another set of this date?

What is an annuity whose payments extend over a period of time whose length cannot be foretold accurately?

What do you call the time between successive payment dates of an annuity?

The time from the beginning of the first payment interval to the need of the last one is called the _____ of the annuity.

What refers to the extinction of the debt by any satisfactory set of payments?

What do you call a fund, usually by periodic deposits, to insure the accumulation of money to provide for possible large payments?

What is the term for the borrowed principal usually mentioned in a typical bond?

Any date on which a coupon of a bond becomes due will be referred to as a _____.

If P is the price of a bond and V is its redemption value, what do you call the value P-V?

When can we say that the bond is purchased at a discount?

When can we say that the bond is purchased at a premium?

Which of the following will happen if bond is bought at a discount?

In the sale of a bond, the actual purchase price on any day is called ____.

What do you call the difference between the flat price of the bond and the quoted price of the bond?