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Engineering Economics

Engineering Economics
All are classified under direct labor expenses EXCEPT one. Which one?

Assembly cost
Supervision cost
Inspection cost
Testing cost

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Engineering Economics
Cash money and credit necessary to establish and operate an enterprise are generally called ______.

Capital
Liabilities
Assets
Funds

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Engineering Economics
Probabilistic estimating of a construction project includes:

Productivity
All of these
Wage scale
Labour

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Engineering Economics
Salvage value is sometimes known as ______.

Second-hand value
Junk value
Going value
Scrap value

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Engineering Economics
What refers to the amount of money paid for the use of borrowed capital?

Simple interest
Rate of interest
Principal
Interest

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Engineering Economics
What type of bond whose guaranty is in lien on railroad equipment, such as freight and passenger cars, locomotives, etc.?

Equipment obligation bond
Equipment trust bond
Equipment bond
Railroad bond

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