In financial accounting of a chemical plant, which of the following relationship is invalid ?
(A) Assets = equities
(B) Assets = liabilities + net worth
(C) Total income = costs + profits
(D) Assets = capital
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
________________ of depreciation calculation does not take into account the interest on investments?
(A) Present worth method
(B) Sinking fund method
(C) Sum of the years-digits method
(D) All A,
Which of the following is not a component of working capital ?
(A) Raw materials is stock
(B) Finished products in stock
(C) Transportation facilities
(D) Semi-finished products in the process
Personnel working in the market research group is responsible for the job of__________________?
(A) Equipment selection
(B) Product evaluation
(C) Equipment design
(D) Cost estimation
Total product cost of a chemical plant does not include the ______________ cost?
(A) Market survey
(B) Operating labour, supervision and supplies
(C) Overhead and utilities
(D) Depreciation, property tax and insurance
If ‘S’ is the amount available after ‘n’ interest periods for an initial principal ‘P’ with the discrete compound interest rate ‘i’, the present worth is given by__________________?
(A) (1 + i)n/S
(B) S/(1 + i)n
(C) S/(1 + in)
(D) S/(1 + n)i
Pick out the wrong statement?
(A) Ductile fracture of a stressed material, which exhibits a large plastic deformation is commonly caused by the formation and coalescence of voids in the necked region
(B) Brittle fracture is caused by the propagation of pre-existing cracks in the material and involves minimum plastic deformation
(C) Fatigue fracture of a material is always brittle in nature and takes place due to the existence of line imperfections
(D) Brittle materials are generally tested in tension
Manufacturing cost in a chemical company does not include the____________________?
(A) Fixed charges
(B) Plant overheads
(C) Direct products cost
(D) Administrative expenses
Pick out the wrong statement ?
(A) The equivalent stiffness of two springs (of equal stiffness ‘S’) in series is S/2 while in parallel is 2S
(B) For a helical spring, deflection is proportional to D3 (D = mean coil diameter) or d4 (d = wire diameter)
(C) Crushing load or columns is less than the buckling load
(D) Modulus of resilience is proportional to (stress at elastic limit)2