Engineering Economics Pick up the correct method adopted for developing the approximate or conceptual estimates from the following: Cost per function method Cost per square metre Base unit method All of these Cost per function method Cost per square metre Base unit method All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount? 0.0367 0.04 0.0425 0.0415 0.0367 0.04 0.0425 0.0415 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 used to record historical financial transactions? Bookkeeping system General journal system Balance check Ledger system Bookkeeping system General journal system Balance check Ledger system ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What market situation exists where there is only one buyer and only one seller? Monopsony Bilateral monopsony Monopoly Bilateral monopoly Monopsony Bilateral monopsony Monopoly Bilateral monopoly 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