Q:

The capacity to do work is called

A) Pressure	B) Force
C) Power	D) Energy

Answer & Explanation Answer: D) Energy

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Q:

Energy possessed by an object by its position or configuration is called

A) Kinetic energy	B) Nuclear energy
C) Potential energy	D) Electrical energy

Answer & Explanation Answer: C) Potential energy

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Q:

A lens has a power +2.0 D. The type of lens and its focal length will be

A) Concave, -0.5 m	B) Convex, 0.5 m
C) Concave, 0.5 m	D) Convex, -0.5 m

Answer & Explanation Answer: B) Convex, 0.5 m

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Q:

Kinetic energy is equal to

A) 1/2 mv2	B) mgh
C) mv	D) Ma

Answer & Explanation Answer: A) 1/2 mv2

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Q:

For the buying and selling of precious metals such as Goldand Silver, the market established is termed as ________ .

A) Capital Market	B) Money Market
C) Bullion Market	D) wholesale cash market

Answer & Explanation Answer: C) Bullion Market

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Q:

As it relates to international trade, dumping

A) is the practice of selling goods in a foreign market at less than cost.	B) is a form of price discrimination illegal under U.S. antitrust laws.
C) is defined as selling more goods than allowed by an import quota.	D) constitutes a general case for permanent tariffs.

Answer & Explanation Answer: A) is the practice of selling goods in a foreign market at less than cost.

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Q:

Expenses are recognized when

A) they are paid.	B) they contribute to the production of revenue.
C) the invoice is received.	D) they are billed by the supplier.

Answer & Explanation Answer: B) they contribute to the production of revenue.

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Q:

One of the techniques used for desalination of sea water is

A) Filtration	B) Distillation
C) Evaporation	D) Condensation

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