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Engineering Economics

Engineering Economics
What is defined as the reduction or fall of the value of an asset due to constant use and passage of time?

Depreciation
Inflation
Depletion
Deflation

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Engineering Economics
The estimate based on a detailed quantity survey and furnishes the most accurate and reliable estimate possible is known as

Conceptual estimate
Definitive estimate
None of these
Probabilistic estimate

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Engineering Economics
The amount of company’s profit that the board of directors of the corporation decides to distribute to ordinary shareholders is called ______.

Dividend
Return
Equity
Share of stock

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Engineering Economics
Salvage value is sometimes known as ______.

Second-hand value
Going value
Junk value
Scrap value

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Engineering Economics
The ability to meet debts as they become due is known as ______.

Solvency
Liquidity
Insolvency
Leverage

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Engineering Economics
A bond without any security behind them except a promise to pay by the issuing corporation is called ______.

Joint bond
Debenture bond
Trust bond
Common bond

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