Engineering Economics The depletion allowance method of computing depletion is commonly known as ______. Percentage method Unit method Sinking fund method Factor method Percentage method Unit method Sinking fund method Factor method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics All are classified under direct labor expenses EXCEPT one. Which one? Assembly cost Supervision cost Testing cost Inspection cost Assembly cost Supervision cost Testing cost Inspection cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is an accounting term that represents an inventory account adjustment? Cost of goods sold Standard cost Cost accounting Overhead cost Cost of goods sold Standard cost Cost accounting Overhead cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate? 0.1602 0.1647 0.1628 0.1632 0.1602 0.1647 0.1628 0.1632 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is considered as the basic consuming or demanding unit of a commodity? Producer Buyer or consumer Seller Manufacturer Producer Buyer or consumer Seller Manufacturer ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market? Oligopoly Perfect competition Oligopsony Monopoly Oligopoly Perfect competition Oligopsony Monopoly ANSWER DOWNLOAD EXAMIANS APP