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Chemical Engineering Plant Economics MCQ Question with Answer

Chemical Engineering Plant Economics MCQ with detailed explanation for interview, entrance and competitive exams. Explanation are given for understanding.

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Question No : 36
Effluent treatment cost in a chemical plant is categorised as the __________ cost.

Fixed
Overhead
Utilities
Capital
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Question No : 37
In a chemical process plant, the total product cost comprises of manufacturing cost and the

General expenses
Overhead cost
R & D cost
None of these
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Question No : 38
Manufacturing cost in a chemical company does not include the

Fixed charges
Plant overheads
Direct products cost
Administrative expenses
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Question No : 39
The value of a property decreases __________ with time in straight line method of determining depreciation.

Linearly
Non-linearly
Exponentially
Logarithmically
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Question No : 40
Pick out the wrong statement.

Gross revenue is that total amount of capital received as a result of the sale of goods or service
Net revenue is the total profit remaining after deducting all costs excluding taxes
The ratio of immediately available cash to the total current liabilities is known as the cash ratio
Consolidated income statement based on a given time period indicates surplus capital and shows the relationship among total income, costs & profit over the time interval
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Question No : 41
A balance sheet for an industrial concern shows

The financial condition at any given time
Only current assets
Only fixed assets
Only current and fixed assets
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Question No : 42
Expenditure on research and development (R & D) is categorised as the __________, while making an estimate of the total product cost for a chemical plant.

Overhead cost
Fixed expenses
General expenses
Direct production cost
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Exam Name No. Of Q Link
Chemistry set 1 30 Start
Chemistry set 2 30 Start
Chemistry set 3 30 Start
Chemistry set 4 30 Start
Chemistry set 5 30 Start
Chemistry set 6 30 Start
Chemistry set 7 30 Start
Chemistry set 8 30 Start
Chemistry set 9 30 Start
Chemistry set 10 30 Start
Chemistry set 11 30 Start
Chemistry set 12 30 Start