Engineering Economics What is a secondary book of accounts, the information of which is obtained from the journal is called? Trial balance Ledger Worksheet Balanced sheet Trial balance Ledger Worksheet Balanced sheet ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ability to meet debts as they become due is known as ______. Liquidity Leverage Insolvency Solvency Liquidity Leverage Insolvency Solvency ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ______. Corporation Cooperative Enterprise Partnership Corporation Cooperative Enterprise Partnership ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In what method of computing depreciation where it assumes that the loss in value is directly proportional to the age of the equipment or asset? Declining balance method Sinking fund method Sum-of-year digit method Straight line method Declining balance method Sinking fund method Sum-of-year digit method Straight line method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______. Material cost First cost Fixed cost In-place value Material cost First cost Fixed cost In-place value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Cash money and credit necessary to establish and operate an enterprise are generally called ______. Capital Assets Funds Liabilities Capital Assets Funds Liabilities ANSWER DOWNLOAD EXAMIANS APP
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