Chemical Engineering Plant Economics Pick out the correct statement. Difference between income and expense is termed as gross revenue Sum-of-the-years-digits methods of depreciation calculation accounts for the interest on the investment Unamortised cost is the difference between the original cost of a property and all the depreciation charges made to dat Scrap value is the net amount of money obtainable from the sale of used property over and above any charges involved in its removal & sale Difference between income and expense is termed as gross revenue Sum-of-the-years-digits methods of depreciation calculation accounts for the interest on the investment Unamortised cost is the difference between the original cost of a property and all the depreciation charges made to dat Scrap value is the net amount of money obtainable from the sale of used property over and above any charges involved in its removal & sale ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics A balance sheet for an industrial concern shows Only current assets Only fixed assets Only current and fixed assets The financial condition at any given time Only current assets Only fixed assets Only current and fixed assets The financial condition at any given time ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics __________ of depreciation calculation does not take into account the interest on investments. All of these Sum of the years-digits method Sinking fund method Present worth method All of these Sum of the years-digits method Sinking fund method Present worth method ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Cost incurred towards __________ in a chemical plant is a component of the utilities cost. Medical services Running a control laboratory Property protection Water supply Medical services Running a control laboratory Property protection Water supply ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Chemical engineering plant cost index is used for finding the present cost of a particular chemical plant, if the cost of similar plant at some time in the past is known. The present cost of the plant = original cost x (index value/(index value at original cost was obtained) The most major component of this cost index is Fabricated equipment and machinery Process instruments and control Pumps and compressor Electrical equipments and material Fabricated equipment and machinery Process instruments and control Pumps and compressor Electrical equipments and material ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Direct costs component of the fixed capital consists of Onsite and offsite costs Labour costs Raw material costs Contingencies Onsite and offsite costs Labour costs Raw material costs Contingencies ANSWER DOWNLOAD EXAMIANS APP
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