Engineering Economics A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities. Corporation Partnership Sole proprietorship Entrepreneurship Corporation Partnership Sole proprietorship Entrepreneurship ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The interest calculated on the basis of 365 days a year, is known as: Interest Exact simple interest None of these Ordinary simple interest Interest Exact simple interest None of these Ordinary simple interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is used to record historical financial transactions? Balance check Bookkeeping system Ledger system General journal system Balance check Bookkeeping system Ledger system General journal system ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Miss Evilla borrowed money from a bank. She receives from the bank P1,340.00 and promised to pay P1,500.00 at the end of 9 months. Determine the corresponding discount rate or often referred to as the “banker’s discount”. 0.1373 0.1346 0.1315 0.1332 0.1373 0.1346 0.1315 0.1332 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Salvage value is sometimes known as ______. Junk value Second-hand value Going value Scrap value Junk value Second-hand value Going value Scrap value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The product of CAF (S P) and PWF (S P) is: 43833 43832 43834 1 43833 43832 43834 1 ANSWER DOWNLOAD EXAMIANS APP