Engineering Economics Salvage value is sometimes known as ______. Scrap value Junk value Going value Second-hand value Scrap value Junk value Going value Second-hand value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The flow back of profit plus depreciation form a given project is called ______. Earning value Cash flow Capital recovery Economic return Earning value Cash flow Capital recovery Economic return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is used to record historical financial transactions? Bookkeeping system General journal system Ledger system Balance check Bookkeeping system General journal system Ledger system Balance check ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Services Goods Goods or commodities Commodities Services Goods Goods or commodities Commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The process of determining the value or worth of a physical property for specific reason is called ______. Valuation Investment Depletion Economy Valuation Investment Depletion Economy ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand? 1.6 hours per unit 1.2 hours per unit 1.4 hours per unit 1.0 hour per unit 1.6 hours per unit 1.2 hours per unit 1.4 hours per unit 1.0 hour per unit ANSWER DOWNLOAD EXAMIANS APP