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Engineering Economics

Engineering Economics
A uniform series of payment occurring at equal interval of time is called ______.

Depreciation
Annuity
Amortization
Bond

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Engineering Economics
An association of two or more persons for the purpose of engaging into a business for profit is called ______.

Partnership
Proprietorship
Corporation
Entrepreneurship

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Engineering Economics
A project construction cost estimate includes:

All of these
The labour and material cost
The equipment and over head cost
The profit of the contractor

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Engineering Economics
Both architect and engineer make use of the cost estimate of the project:

For designing of the project
For choosing alternatives
All of these
For site selection

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Engineering Economics
The declining balance method is also known as ______.

Modified SYD method
Modified sinking fund method
Double percentage method
Constant percentage method

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Engineering Economics
What is an accounting term that represents an inventory account adjustment?

Cost accounting
Overhead cost
Standard cost
Cost of goods sold

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MORE MCQ ON Engineering Economics

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