Engineering Economics What is the basic accounting equation? Liability = assets + owners’ equity Assets = liability + owner’s equity Owner’s equity = assets + liability Owner’s equity = liability – assets Liability = assets + owners’ equity Assets = liability + owner’s equity Owner’s equity = assets + liability Owner’s equity = liability – assets ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the claim of anyone to ownership? Equity Proprietorship Liability Assets Equity Proprietorship Liability Assets ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What type of bond is issued jointly by two or more corporations? Joint bond Tie-up bond Trust bond Mortgage bond Joint bond Tie-up bond Trust bond Mortgage bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What denotes in the fall in the exchange rate of one currency in terms of the others? This term is usually applies to the floating exchange rate. Currency float Currency depreciation Currency devaluation Currency appreciation Currency float Currency depreciation Currency devaluation Currency appreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which of the following is an example of intangible asset? Patents Furnitures Investment in subsidiary companies Cash Patents Furnitures Investment in subsidiary companies Cash ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A uniform series of payment occurring at equal interval of time is called ______. Annuity Bond Depreciation Amortization Annuity Bond Depreciation Amortization ANSWER DOWNLOAD EXAMIANS APP
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