M C Q s D r i v e

Chemical Engineering Mcqs 9594 MCQs [All-Courses]

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Chemical Engineering MCQs designed for job test and interview preparation, particularly for fresh graduates, students, and candidates appearing in competitive exams. These multiple-choice questions cover important topics such as the fundamentals of chemical engineering, chemical processes, chemical reactions, process control, and instrumentation, along with other key concepts in the field.

Pick out the wrong statement?
A Net worth means paid up share capital and reserve & surplus (i.e. shareholders equity)
B Return on equity = profit after tax/net worth
C Working capital turnover ratio = sales/net working capital
D Total cost of production is more than net sales realisation (NSR) at breakeven point
Correct Answer: Total cost of production is more than net sales realisation (NSR) at breakeven point
Pick out the wrong statement?
A Gross margin = net income – net expenditure
B Net sales realisation (NSR) = Gross sales – selling expenses
C At breakeven point, NSR is more than the total production cost
D Net profit = Gross margin – depreciation – interest
Correct Answer: At breakeven point, NSR is more than the total production cost
Pick out the correct statement ?
A Difference between income and expense is termed as gross revenue
B Unamortised cost is the difference between the original cost of a property and all the
C Sum-of-the-years-digits methods of depreciation calculation accounts for the interest on the
D Scrap value is the net amount of money obtainable from the sale of used property over and
Correct Answer: Unamortised cost is the difference between the original cost of a property and all the
Pick out the wrong statement ?
A The annual depreciation rate for machinery and equipments in a chemical process plant is
B Annual depreciation rate of buildings in a chemical plant is about 3% of its initial cost
C Insurance rates on annual basis in a chemical plant may be about 1% of the fixed capital
D In a chemical industry, research and development cost amounts to about 15% of net sales
Correct Answer: In a chemical industry, research and development cost amounts to about 15% of net sales
A balance sheet for an industrial concern shows ___________________?
A The financial condition at any given time
B Only current assets
C Only fixed assets
D Only current and fixed assets
Correct Answer: The financial condition at any given time
Pick out the wrong statement ?
A Gross revenue is that total amount of capital received as a result of the sale of goods or service
B Net revenue is the total profit remaining after deducting all costs excluding taxes
C The ratio of immediately available cash to the total current liabilities is known as the cash
D Consolidated income statement based on a given time period indicates surplus capital and
Correct Answer: Net revenue is the total profit remaining after deducting all costs excluding taxes
If an amount R is paid at the end of every year for ‘n’ years, then the net present value of the annuity at an interest rate of i is _________________?
A R [{(1 + i)n – 1}/ i ]
B R [{(1 + i)n – 1}/ i (1 + i)n]
C R(1 + i)n
D R/(1 + i)n
Correct Answer: R [{(1 + i)n – 1}/ i (1 + i)n]
Which of the following does not come under the sales expenses for a product of a chemical plant ?
A Advertising
B Warehousing
C Legal fees
D Customer service
Correct Answer: Legal fees
____________ taxes are based on gross earnings ?
A Property
B Excise
C Income
D Capital gain
Correct Answer: Income
Operating profit of a chemical plant is equal to___________________?
A Profit before interest and tax i.e., net profit + interest + tax
B Profit after tax plus depreciation
C Net profit + tax
D Profit after tax
Correct Answer: Profit before interest and tax i.e., net profit + interest + tax