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MCQOPTIONS
This section includes 728 Mcqs, each offering curated multiple-choice questions to sharpen your Computer Science Engineering (CSE) knowledge and support exam preparation. Choose a topic below to get started.
| 301. |
Operating costs are incurred by the operation of physical plants orequipment needed to provide service |
| A. | true |
| B. | false |
| Answer» B. false | |
| 302. |
An asset with a first cost of $100,000 is depreciated over 5-year period. It is expected to have a $10,000 salvage value at the end of 5 years.Using the straight-line method, what is the book value at the end of year 2? |
| A. | 82000 |
| B. | 90000 |
| C. | 64000 |
| D. | 60000 |
| Answer» D. 60000 | |
| 303. |
A manufacturing company is considering the purchase of a new CNC lathe, which will cost $60,000 and has an annual maintenance cost of$8,000. A few parts in the lathe need to be replaced once every 5 years to enable smooth running of the lathe. This would cost an additional$20,000 (once every 5 years). Assuming that the lathe would last 15 years under these conditions, what is the total equivalent cost (present value) of this investment at an interest rate of 12%? (Assume thatthere will be no appreciable salvage value at the end of 15 years.) |
| A. | 135928 |
| B. | 132275 |
| C. | 114487 |
| D. | 72275 |
| Answer» C. 114487 | |
| 304. |
Which of the following is used to retrievepre-enrolment data? |
| A. | pre-enrolment id |
| B. | one time password |
| C. | resident\s name |
| D. | aadhaar id |
| Answer» B. one time password | |
| 305. |
Governance policies, rules, as well as authority structures apply towhich key resource element of the organisation? |
| A. | technology |
| B. | organisationalculture |
| C. | organisation |
| D. | people |
| Answer» D. people | |
| 306. |
____________ is a document to convey the Aadhaar number to a resident. |
| A. | aadhaar letter |
| B. | cidr |
| C. | uid |
| D. | aadhaar number |
| Answer» B. cidr | |
| 307. |
The consistency of data obtained from a particular research method isknown as |
| A. | reliability |
| B. | validity |
| C. | credibility |
| D. | casuality |
| Answer» B. validity | |
| 308. |
Who among the following ensures that only trained and certified persons handle the enrolment/update process? |
| A. | uidai |
| B. | operator |
| C. | supervisor |
| D. | enrolment agency |
| Answer» E. | |
| 309. |
When a bank offers web self-service for customers to answer theirquestions, the primary outcome is: |
| A. | adds value |
| B. | manages risks |
| C. | reduces costs |
| D. | none of the above |
| Answer» D. none of the above | |
| 310. |
Resident is an individual who has resided in India for a period or periods amounting in all to days or more in the twelve months immediately preceding the date of applicationfor Aadhaar Enrolment/Update. |
| A. | 32 |
| B. | 61 |
| C. | 123 |
| D. | 182 |
| Answer» E. | |
| 311. |
51. XYZ Ltd is engaged in production of textile articles. Opening WDV of the block of assets was Rs.` 15, 00,000. During the year, plant was acquired under this block on 15th June 2018 amounting to Rs.` 10, 00,000. One of the asset falling within the block was sold for Rs. ` 5, 50,000 on 14-01- 2019. Rate of depreciation of the block is 15%.Calculate the total amount of depreciation including additional depreciation available during the previousyear for the block. C |
| A. | a. rs.` 2,92,500 |
| B. | b. rs.`4,92,500 |
| C. | c. rs.` 3,92,500 88 |
| D. | d. rs.` 3,52,500 |
| Answer» C. c. rs.` 3,92,500 88 | |
| 312. |
Enrolment Identification Number (EID) is ___-digit number allocated to residents at the time of enrolment. |
| A. | 10 |
| B. | 12 |
| C. | 15 |
| D. | 28 |
| Answer» E. | |
| 313. |
28. If the Plant & Machinery is used for less than 180 days in the year of its acquisition, then,at what rate the depreciation on that asset should beprovided under section 32? |
| A. | a. 7.5% |
| B. | b. 15% |
| C. | c. 20 |
| D. | d. 10% |
| Answer» B. b. 15% | |
| 314. |
What effect would have on the break-even point and expected profit ifthere is an increase in labor cost? |
| A. | (decrease, decrease) |
| B. | (decrease, decrease) |
| C. | (increase, decrease) |
| D. | (increase, increase) |
| Answer» D. (increase, increase) | |
| 315. |
You just purchased a pin inserting machine to relieve some bottleneck problems that have been created in manufacturing a PC board. The machine cost $56,000 and has an estimated service life of 5 years. At that time, the estimated salvage value would be $5,000. The machine is expected to operate 2,500 hours per year. The expected annual operating and maintenance cost would be $6,000. If your firm’s interest rate is 15%, what would be the machine cost per hour? |
| A. | 8.79 |
| B. | 7.85 |
| C. | 11.85 |
| D. | 5.89 |
| Answer» B. 7.85 | |
| 316. |
31. The transfer of one or more undertakings as a result of the sale for a lump sum consideration without values being assigned to the individualassets and liabilities in the sale is known as : |
| A. | a. lump sum sale |
| B. | b. slump sale |
| C. | c. aggregate sale |
| D. | d. total sale |
| Answer» C. c. aggregate sale | |
| 317. |
engineering economic decision is the evaluation of costs and benefassociated with making a capital . |
| A. | expenditure |
| B. | investment. |
| Answer» C. | |
| 318. |
has to be recorded by the EnrolmentAgency as declared by the enrollee in the box provided by recording Male, Female or Transgender. |
| A. | date of birth |
| B. | gender |
| C. | residential address |
| D. | fingerprint |
| Answer» C. residential address | |
| 319. |
A person leaves India permanently on 15-11-2008.The assessment year for income earned till 15-11-2008 in this case shall be: |
| A. | 2007-08 |
| B. | 2008-09 |
| C. | 2009-10 |
| D. | none of the above |
| Answer» C. 2009-10 | |
| 320. |
The rate of tax that is leivable on STCG arising from transfer of Equity shares of aCompany or units of an Equity oriented fund is |
| A. | 0.1 |
| B. | 0.15 |
| C. | 0.2 |
| D. | 0.3 |
| Answer» C. 0.2 | |
| 321. |
Gene Research, Inc. just finished a 4-year R&D and clinical trials successfully and expects a quick approval from the Food and DrugAdministration. If the company markets the product on their own, it requires $30 million immediately (n ⇓ = ⇓ 0) to build a new manufacturing facility, and it is expected to have a 10 year product life.The R&D expenditure in the previous years and the anticipated revenues that the company can generate over the next 10 years is summarized as follows:Merck, a large drug company is interested in purchasing the R&D project and the right to commercialize the product from Gene Research, Inc., immediately (n□ =□ 0). What would be a starting negotiating price for the project from Merck? Assume thatGene’s MARR ⇓ = 20%. |
| A. | $524 million |
| B. | $105 million |
| C. | $420 million |
| D. | $494 million |
| Answer» B. $105 million | |
| 322. |
Revitalization involves the strategies, resources, technology, and skills of theorganisation. |
| A. | focusing |
| B. | categorizing |
| C. | formalizing |
| D. | renewing |
| Answer» E. | |
| 323. |
F dollars at the end of period N is equal to a single sum P dollars now, if your earning power is measured in terms of interest rate i. |
| A. | true |
| B. | false |
| Answer» B. false | |
| 324. |
A centralised system keeps decision making firmly at the top of thehierarchy |
| A. | true |
| B. | false |
| C. | not applicable |
| D. | don’t know |
| Answer» B. false | |
| 325. |
DVD technology uses an optical media to store the digital data. DVD isan acronym for |
| A. | (1) digital vector disc |
| B. | (2) digital volumedisc |
| C. | (3) digital versatiledisc |
| D. | (4) digital visualizationdisc |
| Answer» D. (4) digital visualizationdisc | |
| 326. |
Who among the following ensures that only trained and certified persons handle the enrolment/updateprocess? |
| A. | uidai |
| B. | operator |
| C. | supervisor |
| D. | enrolment agency |
| Answer» E. | |
| 327. |
The factors of and uncertainty are the defining aspects ofany engineering economic decisions |
| A. | time |
| B. | investment |
| Answer» B. investment | |
| 328. |
Impersonal treatment of people through consistent application of rules and decisions toprevent favouritism is part of |
| A. | equity theory |
| B. | motivation theory |
| C. | leadership theory |
| D. | bureaucracy theory |
| Answer» E. | |
| 329. |
is a certified personnel employed by Enrolment Agencies to execute the process of enrolment /update at the enrolment centers |
| A. | enrolment operator |
| B. | enrolment supervis |
| C. | introducer |
| D. | both 1 & 2 |
| Answer» C. introducer | |
| 330. |
25. Group of assets falling within a class of assets comprising of tangible & intangible assets isknown as : |
| A. | a. group of assets |
| B. | b. block of assets |
| C. | c. set of assets |
| D. | d. none of these |
| Answer» C. c. set of assets | |
| 331. |
What is the rate of depreciation charged oncomputer software? |
| A. | a. 40% |
| B. | b. 15% |
| C. | c. 60% |
| D. | d. 100% |
| Answer» B. b. 15% | |
| 332. |
_____ is any entity authorised or recognised by the Authority for the purpose of enrolling individuals through Enrolment Agency. |
| A. | introducer |
| B. | enrolling agency |
| C. | agency |
| D. | registrar |
| Answer» E. | |
| 333. |
What effect would have on the break-even point and expected profit ifthere is an increase in unit price? |
| A. | (increase, decrease) |
| B. | (decrease, decrease) |
| C. | (increase, increase) |
| D. | (decrease, increase) |
| Answer» C. (increase, increase) | |
| 334. |
You just purchased a pin inserting machine to relieve some bottleneck problems that have been created in manufacturing a PC board. The machine cost $56,000 and has an estimated service life of 5 years. At that time, the estimated salvage value would be $5,000. The machine is expected to operate 2,500 hours per year. The expected annual operating and maintenance cost would be $6,000. If your firm’sinterest rate is 15%, what would be the machine cost per hour? |
| A. | 8.79 |
| B. | 7.85 |
| C. | 11.85 |
| D. | 5.89 |
| Answer» B. 7.85 | |
| 335. |
The average starting salary for engineers for 2008 is $53,000. What is the equivalent salary in terms of purchasing power of 2000? Assumethat the general inflation rate over the last 8 years is known to be 4%. |
| A. | 34980 |
| B. | 38727 |
| C. | 72534 |
| D. | 40276 |
| Answer» D. 40276 | |
| 336. |
30. If the machinery is purchased on 4th October,2018 then at what rate depreciation will be provided on it? |
| A. | a. 60% |
| B. | b. 7.5% |
| C. | c. 15% |
| D. | d. 10% |
| Answer» C. c. 15% | |
| 337. |
You want to set aside a lump sum amount today in a savings account that earns 7% annual interest to meet a future expense in the amount of $10,000 to be incurred in 6 years. How much do you need to deposittoday? |
| A. | 5000 |
| B. | 6663 |
| C. | 8000 |
| Answer» C. 8000 | |
| 338. |
What effect would have on the break-even point and expected profit if there is an increase in sales expense? |
| A. | (increase, increase) |
| B. | (decrease, decrease) |
| C. | (increase, decrease) |
| D. | (decrease, decrease) |
| Answer» D. (decrease, decrease) | |
| 339. |
What effect would have on the break-even point and expected profit if there is an increase in financing cost? |
| A. | (decrease, decrease) |
| B. | (increase, decrease) |
| C. | (increase, increase) |
| D. | (decrease, increase) |
| Answer» C. (increase, increase) | |
| 340. |
What effect would have on the break-even point and expected profit if there is an increase in unit price? |
| A. | (increase, decrease) |
| B. | (decrease, decrease) |
| C. | (increase, increase) |
| D. | (decrease, increase) |
| Answer» C. (increase, increase) | |
| 341. |
What effect would have on the break-even point and expected profit if there is an increase in labor cost? |
| A. | (decrease, decrease) |
| B. | (decrease, decrease) |
| C. | (increase, decrease) |
| D. | (increase, increase) |
| Answer» D. (increase, increase) | |
| 342. |
What effect would have on the break-even point and expected profit if there is an increase in fixed cost? |
| A. | (decrease, decrease) |
| B. | (increase, decrease) |
| C. | (increase, increase) |
| D. | (decrease, decrease) |
| Answer» C. (increase, increase) | |
| 343. |
A company purchased an industrial fork-lift for $75,000 in year 0. The company expects to use it for the next 7 years after which it plans to sell it for $10,000. The estimated gross income and expenses excluding depreciation for the first year are given below. The fork-lift will be depreciated according to a 5-year MACRS.:Determine the average tax rate applicable in the first year of operation, using the current corporate tax rate schedule. |
| A. | 0.1875 |
| B. | 0.1731 |
| C. | 0.25 |
| D. | 0.15 |
| Answer» C. 0.25 | |
| 344. |
Gilbert Corporation had a gross income of $500,000 in tax year 1, $150,000 in salaries, $30,000 in wages, $20,000 in interest, and $60,000 in depreciation expenses for an asset purchased 3 years ago. Ajax Corporation has a gross income of $500,000 in tax year 1, and $150,000 in salaries, $90,000 in wages, and $20,000 in interest expenses. Apply the current tax rates and determine which of the following statements is correct. |
| A. | both corporations will pay the same amount of income taxes in year 1. |
| B. | both corporations will have the same amount of net cash flows in year 1. |
| C. | ajax corporation will have a larger net cash flow than gilbert in year 1. |
| D. | gilbert corporation will have a larger taxable income than ajax corporation in year 1. |
| Answer» D. gilbert corporation will have a larger taxable income than ajax corporation in year 1. | |
| 345. |
You purchased a computer system which cost $50,000 5 years ago. At that time, the system was estimated to have a service life of 5 years with salvage value of $5,000. These estimates are still good. The property has been depreciated according to a 5 year MACRS property class. Now (at the end of year 5 from purchase) you are considering selling the computer at $10,000. What book value should you use in determining the taxable gains? |
| A. | 8640 |
| B. | 5760 |
| C. | 10368 |
| D. | 11520 |
| Answer» C. 10368 | |
| 346. |
Your accounting records indicate that an asset in use has a book value of $8,640. The asset cost $30,000 when it was purchased, and it has been depreciated under the 5 MACRS method. Based on the information available, determine how many years the asset has been in service. |
| A. | 5 years |
| B. | 6 years |
| C. | 4 years |
| D. | 3 years |
| Answer» E. | |
| 347. |
51. XYZ Ltd is engaged in production of textile articles. Opening WDV of the block of assets was Rs.` 15, 00,000. During the year, plant was acquired under this block on 15th June 2018 amounting to Rs.` 10, 00,000. One of the asset falling within the block was sold for Rs. ` 5, 50,000 on 14-01- 2019. Rate of depreciation of the block is 15%. Calculate the total amount of depreciation including additional depreciation available during the previous year for the block. C |
| A. | a. rs.` 2,92,500 |
| B. | b. rs.`4,92,500 |
| C. | c. rs.` 3,92,500 88 |
| D. | d. rs.` 3,52,500 |
| Answer» C. c. rs.` 3,92,500 88 | |
| 348. |
47. DS acquired a building for Rs. ` 15 lakh in June, 2016 in addition to cost of land beneath the building of ` 3 lakh. It was used for personal purposes until he commenced business in June, 2018 and since then it was used for business purposes. The amount of depreciation eligible in his case for the assessment year 2019-20 would be - |
| A. | a. rs.` 1,50,000 |
| B. | b. rs.` 75,000 |
| C. | c. rs.` 37,500 |
| D. | d. rs.` 1,21,500 |
| Answer» D. d. rs.` 1,21,500 | |
| 349. |
34. Rate of depreciation chargeable on temporary wooden structure for the assessment year 2019- 20 is - A. 40% B. 10% C. 100% D. 50%. |
| A. | a. 40% |
| B. | b. 10% |
| C. | c. 100% |
| D. | d.50% |
| Answer» B. b. 10% | |
| 350. |
33. _______Rate of depreciation chargeable on fully temporary wooden structure for the assessment year 2019-20 is |
| A. | a. 5% |
| B. | b. 10% |
| C. | c. 100% |
| D. | d. 40% |
| Answer» E. | |