Engineering Economics Pick up the correct method adopted for developing the approximate or conceptual estimates from the following: Cost per square metre Cost per function method Base unit method All of these Cost per square metre Cost per function method Base unit method All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The estimate based on a detailed quantity survey and furnishes the most accurate and reliable estimate possible is known as Definitive estimate Probabilistic estimate None of these Conceptual estimate Definitive estimate Probabilistic estimate None of these Conceptual estimate ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the element of the cost from the following: Over head All of these Direct labour Direct material Over head All of these Direct labour Direct material ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the current assets minus inventories and prepaid expenses? Return of investment ratio Quick ratio Price-earnings ratio Profit margin ratio Return of investment ratio Quick ratio Price-earnings ratio Profit margin ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the: Law of supply Law of demand Law of diminishing return Law of supply and demand Law of supply Law of demand Law of diminishing return Law of supply and demand ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Current assets less inventories divided by current liabilities is known as Debts ratio Current ratio Liquidity ratio Acid-Test (or Quick) ratio Debts ratio Current ratio Liquidity ratio Acid-Test (or Quick) ratio ANSWER DOWNLOAD EXAMIANS APP
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