Engineering Economics In what method of computing depreciation where it assumes that the annual cost of depreciation is a fixed percentage of the book value at the beginning of the year? Straight line method Sum-of-year digit method Sinking fund method Declining balance method Straight line method Sum-of-year digit method Sinking fund method Declining balance method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “unit method” for computing depletion? Factor method Sinking fund method Percentage method Initial cost method Factor method Sinking fund method Percentage method Initial cost method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Both architect and engineer make use of the cost estimate of the project: For choosing alternatives For site selection All of these For designing of the project For choosing alternatives For site selection All of these For designing of the project ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market? Oligopoly Perfect competition Monopoly Oligopsony Oligopoly Perfect competition Monopoly Oligopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction or fall of the value of an asset due to constant use and passage of time? Depletion Inflation Deflation Depreciation Depletion Inflation Deflation Depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. 5050000 5010000 5000000 5025000 5050000 5010000 5000000 5025000 ANSWER DOWNLOAD EXAMIANS APP
EXAMIANS