Engineering Economics Lands, buildings, plants and machineries are example of what type of asset? Trade investment asset Current asset Intangible asset Fixed asset Trade investment asset Current asset Intangible asset Fixed asset ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics All are classified under direct labor expenses EXCEPT one. Which one? Supervision cost Testing cost Assembly cost Inspection cost Supervision cost Testing cost Assembly cost Inspection cost ANSWER DOWNLOAD EXAMIANS APP
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? Sinking fund method Sum-of-year digit method Declining balance method Straight line method Sinking fund method Sum-of-year digit method Declining balance method Straight line method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______. Fixed cost In-place value First cost Material cost Fixed cost In-place value First cost Material cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually? P 7,420.89 P 7,654.04 P 7,731.29 P 7,590.12 P 7,420.89 P 7,654.04 P 7,731.29 P 7,590.12 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a secondary book of accounts, the information of which is obtained from the journal is called? Trial balance Ledger Worksheet Balanced sheet Trial balance Ledger Worksheet Balanced sheet ANSWER DOWNLOAD EXAMIANS APP