Engineering Economics An association of two or more persons for the purpose of engaging into a business for profit is called ______. Proprietorship Entrepreneurship Corporation Partnership Proprietorship Entrepreneurship Corporation Partnership ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration? Producer Buyer or consumer Manufacturer Seller Producer Buyer or consumer Manufacturer Seller ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which is true about corporation? The stock holders of the corporation are only liable to the extent of their investments. It is worse type of business organization. Its life is dependent on the lives of the incorporators. The minimum number of incorporators to start a corporation is three. The stock holders of the corporation are only liable to the extent of their investments. It is worse type of business organization. Its life is dependent on the lives of the incorporators. The minimum number of incorporators to start a corporation is three. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a secondary book of accounts, the information of which is obtained from the journal is called? Balanced sheet Worksheet Ledger Trial balance Balanced sheet Worksheet Ledger Trial balance ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is used to record historical financial transactions? General journal system Bookkeeping system Balance check Ledger system General journal system Bookkeeping system Balance check Ledger system ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The unrecovered depreciation which results due to poor estimates as to the life of the equipment is called ______. Annuity Sunk cost In-place value Economic life Annuity Sunk cost In-place value Economic life ANSWER DOWNLOAD EXAMIANS APP
EXAMIANS