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 ______ is the element of value which a business has earned through the favorable consideration and patronage of its costumers arising from its well known and well conducted policies and operations. Status company Goodwill Big income Known owners Status company Goodwill Big income Known owners ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Annuities involve: All of these All payments of equal amount Payment at equal time intervals A series of payments All of these All payments of equal amount Payment at equal time intervals A series of payments ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The sunk costs include: An invested capital that cannot be retrieved A past expenditure All of these An unrecovered balance An invested capital that cannot be retrieved A past expenditure All of these An unrecovered balance ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the type of annuity where the payments are made at the end of each period starting from the first period? Annuity due Perpetuity Deferred annuity Ordinary annuity Annuity due Perpetuity Deferred annuity Ordinary annuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What represents the share of participation in business organizations? Partnership Stock Franchise Corporation Partnership Stock Franchise Corporation ANSWER DOWNLOAD EXAMIANS APP
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