Engineering Economics Pick up the element of the cost from the following: Direct labour Direct material All of these Over head Direct labour Direct material All of these Over head ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the ratio of the interest payment to the principal for a given unit of time and usually expressed as a percentage of the principal? Rate of return Interest rate Yield Return of investment Rate of return Interest rate Yield Return of investment ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest? Nominal rate of interest Simple interest Compound interest Effective rate of interest Nominal rate of interest Simple interest Compound interest Effective rate of interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The amount of property in which a willing buyer to a willing seller for the property when neither one is under the compulsion to buy nor to sell is called ______. Good will value Fair value Market value Book value Good will value Fair value Market value Book value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The process of determining the value or worth of a physical property for specific reason is called ______. Valuation Economy Investment Depletion Valuation Economy Investment Depletion ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The depletion allowance method of computing depletion is commonly known as ______. Factor method Percentage method Unit method Sinking fund method Factor method Percentage method Unit method Sinking fund method ANSWER DOWNLOAD EXAMIANS APP