9. Petroleum economic evaluation determined the A. Producible oil B. Production oil C. Developed oil D. Reserved oil 10. Capital expenditure is used in the calculation of before A. Net cash inflow B. Net cash outflows C. Tax cash flows D. Net cash flows

Introduction to Chemical Engineering Thermodynamics
8th Edition
ISBN:9781259696527
Author:J.M. Smith Termodinamica en ingenieria quimica, Hendrick C Van Ness, Michael Abbott, Mark Swihart
Publisher:J.M. Smith Termodinamica en ingenieria quimica, Hendrick C Van Ness, Michael Abbott, Mark Swihart
Chapter1: Introduction
Section: Chapter Questions
Problem 1.1P
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Multiple choice
9. Petroleum economic evaluation determined the
A. Producible oil
B. Production oil
C. Developed oil
D. Reserved oil
10. Capital expenditure is used in the calculation of before
A. Net cash inflow
B. Net cash outflows
C. Tax cash flows
D. Net cash flows
Transcribed Image Text:9. Petroleum economic evaluation determined the A. Producible oil B. Production oil C. Developed oil D. Reserved oil 10. Capital expenditure is used in the calculation of before A. Net cash inflow B. Net cash outflows C. Tax cash flows D. Net cash flows
1. The value deducted from the revenue stream, which usually has no obligation toward covering
expenses is called:
A. Royalty
B. Operating Expenses
C. Capital Investments
D. Taxes
2. . .are those unaffected by changes in activity level of production over a feasible
range of operations for the capacity or capability available.
A. Variable Cos
B. Fixed Cost
C. Direct Cost
D. Sunk Cost
is appropriate when benefits to be received from an asset are expected
3.
to remain constant over the asset's service life.
A. Straight Line Depreciation Method
B. Declining Balance Depreciation Method
C. Unit of Production Depreciation Method
D. All of the above
4. The costs which can be specifically traced to or identified with a particular product are called:
A. Direct costs
B. Fixed costs
C. Indirect costs
D. Variable costs
5. The primary purpose of depreciation is to provide for recovery of.. .that has been invested
in the oil property.
A. Royalty
В. Тах
С. Сapital
D. Revenue
6. The oil and gas company receives a mineral interest if the negotiation is:
A. Effective
B. ineffective
C. Unsuccessful
D. All of the above
7.
.costs measures the opportunity which is sacrificed.
A. Direct
B. Indirect
C. Sunk
D. Opportunity
8. The Construction of the project cash flow requires
.from a different references.
A. Loan
В. Тах
C. Data
D. Royalty
Transcribed Image Text:1. The value deducted from the revenue stream, which usually has no obligation toward covering expenses is called: A. Royalty B. Operating Expenses C. Capital Investments D. Taxes 2. . .are those unaffected by changes in activity level of production over a feasible range of operations for the capacity or capability available. A. Variable Cos B. Fixed Cost C. Direct Cost D. Sunk Cost is appropriate when benefits to be received from an asset are expected 3. to remain constant over the asset's service life. A. Straight Line Depreciation Method B. Declining Balance Depreciation Method C. Unit of Production Depreciation Method D. All of the above 4. The costs which can be specifically traced to or identified with a particular product are called: A. Direct costs B. Fixed costs C. Indirect costs D. Variable costs 5. The primary purpose of depreciation is to provide for recovery of.. .that has been invested in the oil property. A. Royalty В. Тах С. Сapital D. Revenue 6. The oil and gas company receives a mineral interest if the negotiation is: A. Effective B. ineffective C. Unsuccessful D. All of the above 7. .costs measures the opportunity which is sacrificed. A. Direct B. Indirect C. Sunk D. Opportunity 8. The Construction of the project cash flow requires .from a different references. A. Loan В. Тах C. Data D. Royalty
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