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Engineering Economics

Engineering Economics
What is the term for an annuity with a fixed time span?

Perpetuity
Annuity due
Annuity certain
Ordinary annuity

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Engineering Economics
What do you call a one-time credit against taxes?

Revenue credit
Credible credit
Tax credit
Due credit

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Engineering Economics
What is the main reason why the sinking fund method of computing depreciation is seldom used in the industry?

Unstable economy
The initial depreciation is low
The initial deprecation is high
Rate of interest cannot be exactly determined

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Engineering Economics
Present worth Annuity (PWA) is generally known as

All of these
Premium annuities
Future annuities
Income annuities

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Engineering Economics
Capitalized cost of a project is also known as ______.

Life cost
Project cost
Life cycle cost
Infinite cost

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Engineering Economics
What type of depreciation is due to the reduction of the physical ability of an equipment or asset to produce results?

Physical depreciation
Functional depreciation
Demand depreciation
Design depreciation

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MORE MCQ ON Engineering Economics

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