Engineering Economics Pick up the correct reason for making conceptual (or preliminary) estimate from the following: To compute target estimate for the owner while drawing and specifications are in initial stage To check quotations from contractors and/or sub-contractors To have a check on a definitive cost estimate All of these To compute target estimate for the owner while drawing and specifications are in initial stage To check quotations from contractors and/or sub-contractors To have a check on a definitive cost estimate All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the correct method adopted for developing the approximate or conceptual estimates from the following: All of these Cost per square metre Base unit method Cost per function method All of these Cost per square metre Base unit method Cost per function method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the market situation exist when there are many buyers and many sellers? Oligopoly Monopoly Perfect competition Oligopsony Oligopoly Monopoly Perfect competition Oligopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A firm borrows P2,000 for 6 years at 8%. At the end of 6 years, it renews the loan for the amount due plus P2,000 more for 2 years at 8%. What is the lump sum due? P 3,260.34 P 3,280.34 P 3,270.34 P 3,250.34 P 3,260.34 P 3,280.34 P 3,270.34 P 3,250.34 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is used to record historical financial transactions? Balance check Bookkeeping system Ledger system General journal system Balance check Bookkeeping system Ledger system General journal system ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the amount of money paid for the use of borrowed capital? Rate of interest Simple interest Principal Interest Rate of interest Simple interest Principal Interest ANSWER DOWNLOAD EXAMIANS APP
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