Engineering Economics What is an accounting term that represents an inventory account adjustment? Overhead cost Cost accounting Cost of goods sold Standard cost Overhead cost Cost accounting Cost of goods sold Standard cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics All the proceeds which are received by the business as a result of the sale of goods is called ______. Total sales Gross income Net revenue Net income Total sales Gross income Net revenue Net income ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the certificate of indebtedness of corporation usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation? Stock T-bills Bond Promissory note Stock T-bills Bond Promissory note 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 Enterprise Cooperative Partnership Corporation Enterprise Cooperative Partnership ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “unit method” for computing depletion? Factor method Sinking fund method Percentage method Initial cost method Factor method Sinking fund method Percentage method Initial cost method 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: (1 + i)(1/2n) (1 + i)n None of these √(n + i) (1 + i)(1/2n) (1 + i)n None of these √(n + i) ANSWER DOWNLOAD EXAMIANS APP
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