Engineering Economics What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents? Inflation Depletion Deflation Depreciation Inflation Depletion Deflation Depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What stock represents ownership and enjoys certain preferences than ordinary stock? Authorized stock Presidential stock Preferred stock Incorporator’s stock Authorized stock Presidential stock Preferred stock Incorporator’s stock ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ______. Currency depreciation Currency appreciation Currency devaluation Currency float Currency depreciation Currency appreciation Currency devaluation Currency float ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the element of the cost from the following: Direct material Over head All of these Direct labour Direct material Over head All of these Direct labour ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In a cash flow series: All of these Either an increase or decrease in the amount of a cash flow is called the gradient The gradient in the cash flow may be positive or negative Uniform gradient signifies that an income or disbursement changes by the same amount in each interest period All of these Either an increase or decrease in the amount of a cash flow is called the gradient The gradient in the cash flow may be positive or negative Uniform gradient signifies that an income or disbursement changes by the same amount in each interest period 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 Net income Net revenue Gross income Total sales Net income Net revenue Gross income ANSWER DOWNLOAD EXAMIANS APP
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