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 have a check on a definitive cost estimate
All of these
To check quotations from contractors and/or sub-contractors

ANSWER DOWNLOAD EXAMIANS APP

Engineering Economics
Which is true about corporation?

The stock holders of the corporation are only liable to the extent of their investments.
It is worse type of business organization.
Its life is dependent on the lives of the incorporators.
The minimum number of incorporators to start a corporation is three.

ANSWER DOWNLOAD EXAMIANS APP

Engineering Economics
Using factor method, the depletion at any given year is equal to:

Initial cost of property times number of units sold during the year
Initial cost of property divided by the total units in property
Initial cost of property times number of unit sold during the year divided by the total units in property
Initial cost of property divided by the number of units sold during the year

ANSWER DOWNLOAD EXAMIANS APP