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Engineering Economics

Engineering Economics
Capitalized cost of a project is also known as ______.

Project cost
Life cost
Infinite cost
Life cycle cost

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Engineering Economics
The estimate based on a detailed quantity survey and furnishes the most accurate and reliable estimate possible is known as

Definitive estimate
None of these
Conceptual estimate
Probabilistic estimate

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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
Corporation
Sole proprietorship

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Engineering Economics
A firm borrows P2,000 for 6 years at 8%. At the end of 6 years, it renews the loan for the amount due plus P2,000 more for 2 years at 8%. What is the lump sum due?

P 3,270.34
P 3,280.34
P 3,260.34
P 3,250.34

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Engineering Economics
What refers to the cost of borrowing money or the amount earned by a unit principal per unit time?

Yield rate
Economic return
Rate of interest
Rate of return

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Engineering Economics
The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______.

Expected return
Effective interest
Nominal interest
Economic return

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MORE MCQ ON Engineering Economics

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