Engineering Economics A construction estimate is used To judge tentatively or approximate value of the project To decide an approximation of the value of the project and not the exact cost None of these To produce a statement of the approximate cost To judge tentatively or approximate value of the project To decide an approximation of the value of the project and not the exact cost None of these To produce a statement of the approximate cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The unrecovered depreciation which results due to poor estimates as to the life of the equipment is called ______. Sunk cost Annuity In-place value Economic life Sunk cost Annuity In-place value Economic life ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is an accounting term that represents an inventory account adjustment? Cost of goods sold Overhead cost Standard cost Cost accounting Cost of goods sold Overhead cost Standard cost Cost accounting ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘P’ is principal amount, ‘i’ is the rate of interest and ‘n’ is the number of periods in years, then the interest factor is: (1 + ni) None of these (ni - 1) ni (1 + ni) None of these (ni - 1) ni ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics By the condition of a will, the sum of P20,000 is left to a girl to be held in trust fund by her guardian until it amounts to P50,000. When will the girl receive the money if fund invested at 8% compounded quarterly? 11.87 years 11.46 years 11.57 years 11.23 years 11.87 years 11.46 years 11.57 years 11.23 years ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Aside from many sellers and many buyers, which one is a characteristic of perfect competition? Free market entry and exit Homogeneous product Perfect information and absence of all economic friction All of these Free market entry and exit Homogeneous product Perfect information and absence of all economic friction All of these ANSWER DOWNLOAD EXAMIANS APP
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