Probabilistic estimating of a construction project includes: Labour Productivity Wage scale All of these TRUE ANSWER : ? YOUR ANSWER : ?
Gross margin is the ratio of the gross profit to ______. Quick assets Net sale Owner’s equity Inventory turnover TRUE ANSWER : ? YOUR ANSWER : ?
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. 5025000 5010000 5000000 5050000 TRUE ANSWER : ? YOUR ANSWER : ?
As applied to capitalized asset, the distribution of the initial cost by a periodic changes to operation as in depreciation or the reduction of a debt by either periodic or irregular prearranged programs is called ______. Capital recovery Annuity Amortization Annuity factor TRUE ANSWER : ? YOUR ANSWER : ?
What are the common methods of computing depletion charge? Rational method and irrational method Conservative method and conventional method Unit method and percentage method Discrete method and depletion allowance method TRUE ANSWER : ? YOUR ANSWER : ?
What is another term for “unit method” for computing depletion? Factor method Sinking fund method Initial cost method Percentage method TRUE ANSWER : ? YOUR ANSWER : ?
Both architect and engineer make use of the cost estimate of the project: For designing of the project For site selection For choosing alternatives All of these TRUE ANSWER : ? YOUR ANSWER : ?
Present worth Annuity (PWA) is generally known as Income annuities All of these Future annuities Premium annuities TRUE ANSWER : ? YOUR ANSWER : ?
Capitalized cost of a project is also known as ______. Infinite cost Project cost Life cost Life cycle cost TRUE ANSWER : ? YOUR ANSWER : ?