PASTBOARD TERMS: ECONOMICS
Worth of property in accounting records – book value
Total income equals total operating cost- break even no gain no loss
Worth of property which is equal to original cost less the amount which has been charged due to
depreciation – book value
It is interest earning with equal deposit made at equal interval time – sinking fund
What is the factor name for the formula (1+i)^-n = single payment present worth
Interest earned by the principal w/c will also earn an interest for the succeeding periods –
compound interest
Which of the following is the basic equation for accounting : assets = equity + liability
Formula for straight line dep rate: (100%-%net salvage value) / service life
Average speed with which accounts receivable are collected: receivable turnover
Ratio of net income to owners equity: return of investment
Another term for acid test ratio: quick ratio
Original amount of money invested, borrowed or deposited: Principal
Mandarin Bank 9.5% account that yields 9.84% annually: - Quarterly
Work in process classified as: Asset
Future worth of present amount: F=P(1+i)^n
Which of the following statements is not correct:
Effective rate of return in options (a), (b), and (c) is the difference between 12.55% and 12%
Xyz corporation short term loan, current ratio 2.0, acid test ratio 0.5, account receibale period of
70 days what should the banker do? I – suggest to lower its inventories, ii – suggest to be more
aggressive in collecting on its invoices
Both I and ii.
Which of the following expressions Is incorrect: (a/f),I,n_-I = (a/p,I,n)
Ability to convert Assets to cash quickly – liquidity
Annuity – series of uniform amounts over a period of time
What is a borrower of loan almost always required to do during payment?
Repay the loan over an agreed upon amount of time
Which of the following does not affect owners equity: license to start operation
Mathematical expression (1+i)^n is referred to as: compound amount factor
Amount of property in which a willing buyer will pay to a willing selles when neither one is under
the compulsion to buy nor to sell is called: market value
When using net present worth calculations to compare two projects, which of the following can
invalidate the calculation: evaluating over different time periods
PASTBOARD TERMS: COMPUTER FUNDAMENTALS
Where is the error in the following fortran program?
Line 680 Data 33 40 60
What is the output of the following fortran program?
Why is the following expression not acceptable as a fortran integer constant? 237, 100
It contains a comma
Which of the following are acceptable as fortran integer variables?
NINA only
Which of the following is not acceptable as a fortran integer variable name?
INSERTS
Which of the following are not acceptable as FORTRAN integer constans?
A15 and 16.52
Not acceptable as FORTRAN real constant names?
LAMB and 4ABC
Correct declaration form for logical variable AZ?
AZ=.TRUE.
Not acceptable as FORTRAN statement
A*B=C*D
Which of these FORTRAN format specifications reads -567610 as -5676.10
F8.2