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Engineering Economics

Engineering Economics
Which of the following is an example of intangible asset?

Investment in subsidiary companies
Cash
Patents
Furnitures

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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
Probabilistic estimate
Definitive estimate
None of these

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Engineering Economics
Mr. Bacani borrowed money from the bank. He received from the bank P1,842 and promised to repay P2,000 at the end of 10 months. Determine the rate of simple interest.

0.1154
0.1029
0.1219
0.1203

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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
Deflation
Inflation
Depreciation

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Engineering Economics
What is the feature of some bonds whereby the issuer can redeem it before it matures?

Return clause
Callability
Recall clause
Call class

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Engineering Economics
The depletion allowance method of computing depletion is commonly known as ______.

Factor method
Unit method
Percentage method
Sinking fund method

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