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Engineering Economics

Engineering Economics
The original record of a business transaction is recorded in this book.

Account book
Journal
Work book
Ledger

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Engineering Economics
What is defines as the analysis and evaluation of the monetary consequences by using the theories and principles of economics to engineering applications, designs and projects?

Design cost analysis
Engineering cost analysis
Economic Analysis
Engineering economy

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Engineering Economics
What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration?

Seller
Buyer or consumer
Manufacturer
Producer

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Engineering Economics
What is defined as the reduction or fall of the value of an asset due to constant use and passage of time?

Depletion
Depreciation
Inflation
Deflation

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Engineering Economics
What is the type of annuity that does not have a fixed time span but continues indefinitely or forever?

Annuity due
Deferred annuity
Ordinary annuity
Perpetuity

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Engineering Economics
What is a stock of a product which is held by a trade body or government as a means of regulating the price of that product?

Hoard stock
Buffer stock
Stock pile
Withheld stock

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