A. Assets = equities
B. Assets = liabilities + net worth
C. Total income = costs + profits
D. Assets = capital
Related Mcqs:
- Chemical engineering plant cost index is used for finding the present cost of a particular chemical plant, if the cost of similar plant at some time in the past is known. The present cost of the plant = original cost × (index value at present/ index value at time original cost was obtained). The most major component of this cost index is____________________?
A. Fabricated equipment and machinery
B. Process instruments and control
C. Pumps and compressor
D. Electrical equipments and material - The economic life of a large chemical process plant as compared to a small chemical plant is_______________?
A. Only slightly more
B. Much more
C. Slightly less
D. Almost equal - Fixed capital investment of a chemical plant is the total amount of money needed to supply the necessary plant and manufacturing facilities plus the working capital for operation of the facilities. Which of the following components of fixed capital investment requires minimum percentage of it ?
A. Electrical installation cost
B. Equipment installation cost
C. Cost for piping
D. Equipment insulation cost - ‘Utilities’ in a chemical process plant includes compressed air, steam, water, electrical power, oxygen, acetylene, fuel gases etc. Utility costs for ordinary chemical process plants ranges roughly from _______________ percent of the total product cost?
A. 1 to 5
B. 10 to 20
C. 25 to 35
D. 35 to 45 - Cost of instrumentation in a modern chemical plant ranges from _____________________ percent of the total plant cost?
A. 5 to 10
B. 20 to 30
C. 40 to 50
D. 60 to 70 - Which of the following is not a mathematical method for evaluation of profitability of a chemical process plant ?
A. Cash reserve
B. Rate of return on investment
C. Payout period
D. Discounted cash flow based on full life performance - Which of the following is not a component of the working capital for a chemical process plant ?
A. Product inventory
B. In-process inventory
C. Minimum cash reserve
D. Storage facilities - Which of the following is not a component of the fixed capital for a chemical plant facility ?
A. Raw materials inventory
B. Utilities plants
C. Process equipment
D. Emergency facilities - 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 - Utilities cost in the operation of chemical process plant comes under the ?
A. Plant overhead cost
B. Fixed charges
C. Direct production cost
D. General expenses
