Engineering Economics A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities. Sole proprietorship Partnership Entrepreneurship Corporation Sole proprietorship Partnership Entrepreneurship Corporation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “unit method” for computing depletion? Percentage method Factor method Initial cost method Sinking fund method Percentage method Factor method Initial cost method Sinking fund method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In a cash flow series: Either an increase or decrease in the amount of a cash flow is called the gradient Uniform gradient signifies that an income or disbursement changes by the same amount in each interest period The gradient in the cash flow may be positive or negative All of these Either an increase or decrease in the amount of a cash flow is called the gradient Uniform gradient signifies that an income or disbursement changes by the same amount in each interest period The gradient in the cash flow may be positive or negative All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the reduction in the money value of capital asset is called? Deficit Loss Capital loss Capital expenditure Deficit Loss Capital loss Capital expenditure ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The interest calculated on the basis of 365 days a year, is known as: Interest None of these Ordinary simple interest Exact simple interest Interest None of these Ordinary simple interest Exact simple interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. $ 5,050,000.00 $ 5,025,000.00 $ 5,010,000.00 $ 5,000,000.00 $ 5,050,000.00 $ 5,025,000.00 $ 5,010,000.00 $ 5,000,000.00 ANSWER DOWNLOAD EXAMIANS APP
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