Engineering Economics What is an accounting term that represents an inventory account adjustment? Cost accounting Overhead cost Standard cost Cost of goods sold Cost accounting Overhead cost Standard cost Cost of goods sold ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the residual value of a company’s assets after all outside liabilities (shareholders excluded) have been allowed for? Return Equity Dividend Par value Return Equity Dividend Par value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which of the following is an example of intangible asset? Investment in subsidiary companies Patents Furnitures Cash Investment in subsidiary companies Patents Furnitures Cash ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘P’ is principal amount, ‘I’ is the rate of interest per annum and ‘n’ is the number of periods in years, the compound amount factor (CAF) is: √(n + i) (1 + i)n (1 + i)(1/2n) None of these √(n + i) (1 + i)n (1 + i)(1/2n) None of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes? Sinking fund method Declining balance method Sum-of-year digit method Straight line method Sinking fund method Declining balance method Sum-of-year digit method Straight line method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics ______ is the element of value which a business has earned through the favorable consideration and patronage of its costumers arising from its well known and well conducted policies and operations. Status company Big income Known owners Goodwill Status company Big income Known owners Goodwill ANSWER DOWNLOAD EXAMIANS APP