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Engineering Economics

Engineering Economics
The difference between the present and future worth of money at some time in the future is called ______.

Depletion
Deduction
Inflation
Discount

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Engineering Economics
What is an accounting term that represents an inventory account adjustment?

Cost of goods sold
Overhead cost
Standard cost
Cost accounting

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Engineering Economics
Cash money and credit necessary to establish and operate an enterprise are generally called ______.

Assets
Funds
Liabilities
Capital

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Engineering Economics
Pick up the element of the cost from the following:

Direct material
Direct labour
All of these
Over head

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Engineering Economics
What represents the ownership of stockholders who have a residual claim on the assets of the corporation after all other claims have been settled?

Common stock
Authorized capital stock
Preferred stock
Incorporator stock

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Engineering Economics
What is the increase in the money value of a capital asset is called?

Capital gain
Profit
Capital stock
Capital expenditure

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