Engineering Economics Lands, buildings, plants and machineries are example of what type of asset? Current asset Fixed asset Intangible asset Trade investment asset Current asset Fixed asset Intangible asset Trade investment asset ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents? Deflation Depletion Inflation Depreciation Deflation Depletion Inflation Depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the type of annuity where the payments are made at the beginning of the each period starting from the first period? Perpetuity Annuity due Ordinary annuity Deferred annuity Perpetuity Annuity due Ordinary annuity Deferred annuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method. 9 years 10 years 8 years 7 eyars 9 years 10 years 8 years 7 eyars ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to an imaginary cost representing what will not be received if a particular strategy is rejected? Opportunity cost Null cost Ghost cost Horizon cost Opportunity cost Null cost Ghost cost Horizon cost ANSWER DOWNLOAD EXAMIANS APP
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 Declining balance method Sinking fund method Sum-of-year digit method Straight line method Declining balance method Sinking fund method Sum-of-year digit method ANSWER DOWNLOAD EXAMIANS APP
EXAMIANS