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 Depletion Depreciation Inflation Deflation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Gross margin is the ratio of the gross profit to ______. Net sale Owner’s equity Inventory turnover Quick assets Net sale Owner’s equity Inventory turnover Quick assets ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which method is adopted to develop an approximate or conceptual estimate for perimeter works for buildings from the following? Base unit method Cost per function method Cost per square metre method Cost per linear metre method Base unit method Cost per function method Cost per square metre method Cost per linear metre method ANSWER DOWNLOAD EXAMIANS APP
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? Depreciation Deflation Inflation Depletion Depreciation Deflation Inflation Depletion ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities. Corporation Partnership Entrepreneurship Sole proprietorship Corporation Partnership Entrepreneurship Sole proprietorship ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the claim of anyone to ownership? Proprietorship Equity Assets Liability Proprietorship Equity Assets Liability ANSWER DOWNLOAD EXAMIANS APP
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