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. Sole proprietorship Entrepreneurship Corporation Partnership Sole proprietorship Entrepreneurship Corporation Partnership ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Perfect monopoly exists only if: the single vendor is the only one who has the permit to sell the single vendor is the only one who has the knowledge of the product the single vendor can prevent the entry of all other vendors in the market the single vendor gets the absolute franchise of the product the single vendor is the only one who has the permit to sell the single vendor is the only one who has the knowledge of the product the single vendor can prevent the entry of all other vendors in the market the single vendor gets the absolute franchise of the product ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Under ordinary simple interest, how many days in one year? 300 365 366 360 300 365 366 360 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year? P702.15 P705.42 P693.12 P700.12 P702.15 P705.42 P693.12 P700.12 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the basic accounting equation? Owner’s equity = assets + liability Assets = liability + owner’s equity Owner’s equity = liability – assets Liability = assets + owners’ equity Owner’s equity = assets + liability Assets = liability + owner’s equity Owner’s equity = liability – assets Liability = assets + owners’ equity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the correct reason for making conceptual (or preliminary) estimate from the following: To check quotations from contractors and/or sub-contractors To compute target estimate for the owner while drawing and specifications are in initial stage All of these To have a check on a definitive cost estimate To check quotations from contractors and/or sub-contractors To compute target estimate for the owner while drawing and specifications are in initial stage All of these To have a check on a definitive cost estimate ANSWER DOWNLOAD EXAMIANS APP