Engineering Economics In what method of computing depreciation where it assumes that the loss in value is directly proportional to the age of the equipment or asset? Declining balance method Sum-of-year digit method Straight line method Sinking fund method Declining balance method Sum-of-year digit method Straight line method Sinking fund method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What do you call any particular raw material or primary product such as cloth, wool, flour, coffee, etc.? Necessity Commodity Stock Utility Necessity Commodity Stock Utility ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which is true about partnership? It can be handed down from one generation of partners to another. Its capitalization must be equal for each partner. It has a perpetual life. It will be dissolved if one of the partners ceases to be connected with the partnership. It can be handed down from one generation of partners to another. Its capitalization must be equal for each partner. It has a perpetual life. It will be dissolved if one of the partners ceases to be connected with the partnership. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “unit method” for computing depletion? Percentage method Factor method Sinking fund method Initial cost method Percentage method Factor method Sinking fund method Initial cost method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Aggregation of individuals formed for the purpose of conducting a business and recognized by law as a fictitious person is called ______. Investors Stockholders Partnership Corporation Investors Stockholders Partnership Corporation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What type of depreciation is due to the reduction of the physical ability of an equipment or asset to produce results? Demand depreciation Design depreciation Physical depreciation Functional depreciation Demand depreciation Design depreciation Physical depreciation Functional depreciation ANSWER DOWNLOAD EXAMIANS APP
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