Engineering Economics The declining balance method is also known as ______. Double percentage method Constant percentage method Modified sinking fund method Modified SYD method Double percentage method Constant percentage method Modified sinking fund method Modified SYD method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration? Buyer or consumer Producer Manufacturer Seller Buyer or consumer Producer Manufacturer Seller ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. 5025000 5050000 5000000 5010000 5025000 5050000 5000000 5010000 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What type of depreciation is due to the reduction in the demand for the function that the equipment or asset was designed to render? Demand depreciation Design depreciation Physical depreciation Functional depreciation Demand depreciation Design depreciation Physical depreciation Functional depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The construction estimate of a project is used by: The contractor of the project The consulting architect/engineer All of these The owner of the facility The contractor of the project The consulting architect/engineer All of these The owner of the facility ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate? 16.28 % 16.02 % 16.32 % 16.47 % 16.28 % 16.02 % 16.32 % 16.47 % ANSWER DOWNLOAD EXAMIANS APP
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