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Engineering Economics

Engineering Economics
A man invested P110,000 for 31 days. The net interest after deducting 20% withholding tax is P890.36. Find the rate of return annually.

0.1175
0.1195
0.115
0.1232

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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?

Inflation
Deflation
Depreciation
Depletion

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Engineering Economics
The product of CAF (S P) and PWF (S P) is:

1
43833
43834
43832

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Engineering Economics
Lands, buildings, plants and machineries are example of what type of asset?

Fixed asset
Trade investment asset
Intangible asset
Current asset

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Engineering Economics
What is used to record historical financial transactions?

Ledger system
General journal system
Balance check
Bookkeeping system

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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.

Partnership
Entrepreneurship
Sole proprietorship
Corporation

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