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 Inflation Deflation Depreciation Depletion Inflation Deflation Depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The original record of a business transaction is recorded in this book. Journal Work book Ledger Account book Journal Work book Ledger Account book 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? Depletion Depreciation Deflation Inflation Depletion Depreciation Deflation Inflation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a secondary book of accounts, the information of which is obtained from the journal is called? Ledger Balanced sheet Worksheet Trial balance Ledger Balanced sheet Worksheet Trial balance ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘S’ is the future capital accumulated in ‘n’ years at the rate of interest ‘I’ per annum, then present worth is: S/(1 + i)n None of these S (1 + i)n S (1 + i)1/n S/(1 + i)n None of these S (1 + i)n S (1 + i)1/n ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A loan for P50,000 is to be paid in 3 years at the amount of P65,000. What is the effective rate of money? 0.0901 0.0941 0.0931 0.0914 0.0901 0.0941 0.0931 0.0914 ANSWER DOWNLOAD EXAMIANS APP