Engineering Economics In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes? Sinking fund method Straight line method Sum-of-year digit method Declining balance method Sinking fund method Straight line method Sum-of-year digit method Declining balance method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the reduction in the money value of capital asset is called? Loss Deficit Capital expenditure Capital loss Loss Deficit Capital expenditure Capital loss ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Commodities Goods or commodities Goods Services Commodities Goods or commodities Goods Services ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “acid-test ratio”? Current ratio Quick ratio Profit margin ratio Price-earnings ratio Current ratio Quick ratio Profit margin ratio Price-earnings ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a secondary book of accounts, the information of which is obtained from the journal is called? Worksheet Balanced sheet Trial balance Ledger Worksheet Balanced sheet Trial balance Ledger ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What do you call any particular raw material or primary product such as cloth, wool, flour, coffee, etc.? Stock Commodity Utility Necessity Stock Commodity Utility Necessity ANSWER DOWNLOAD EXAMIANS APP
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