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? Declining balance method Straight line method Sinking fund method Sum-of-year digit method Declining balance method Straight line method Sinking fund method Sum-of-year digit method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What bond whose security is a mortgage on certain specified assets of the corporation? Debenture bond Mortgage bond Registered bond Collateral trust bond Debenture bond Mortgage bond Registered bond Collateral trust bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What type of bond where the corporation’s owner name are recorded and the interest is paid periodically to the owners with their asking for it? Registered bond Incorporators bond Callable bond Preferred bond Registered bond Incorporators bond Callable bond Preferred bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Under the depletion allowance method in computing depreciation, the depletion charge is equal to either ______ whichever is smaller. 50% of the fixed percentage of gross income or 50% of the net taxable income Fixed percentage of gross income or the net taxable income 50% of the fixed percentage of gross income or the net taxable income Fixed percentage of gross income or 50% of the net taxable income 50% of the fixed percentage of gross income or 50% of the net taxable income Fixed percentage of gross income or the net taxable income 50% of the fixed percentage of gross income or the net taxable income Fixed percentage of gross income or 50% of the net taxable income ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn? Time value of money Present worth factor Interest rate Yield Time value of money Present worth factor Interest rate Yield ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is used to record historical financial transactions? Ledger system General journal system Bookkeeping system Balance check Ledger system General journal system Bookkeeping system Balance check ANSWER DOWNLOAD EXAMIANS APP