Engineering Economics The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ______. Currency depreciation Currency appreciation Currency devaluation Currency float Currency depreciation Currency appreciation Currency devaluation Currency float ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In what method of computing depreciation where it assumes that the loss in value is directly proportional to the age of the equipment or asset? Straight line method Sinking fund method Declining balance method Sum-of-year digit method Straight line method Sinking fund method Declining balance method Sum-of-year digit method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What stock represents ownership and enjoys certain preferences than ordinary stock? Presidential stock Preferred stock Authorized stock Incorporator’s stock Presidential stock Preferred stock Authorized stock Incorporator’s stock ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In computing depreciation of an equipment, which of the following represents the first cost? Initial taxes and permit fees All of these Installation expenses The original purchase price and freight charges Initial taxes and permit fees All of these Installation expenses The original purchase price and freight charges ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A man loans P 187,400 from a bank with interest at 5% compounded annually. He agrees to pay his obligations by paying 8 equal annual payments, the first being due at the end of 10 years. Find the annual payments. P 43,263.91 P 43,763.20 P 43,489.47 P 43,600.10 P 43,263.91 P 43,763.20 P 43,489.47 P 43,600.10 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is an accounting term that represents an inventory account adjustment? Standard cost Overhead cost Cost of goods sold Cost accounting Standard cost Overhead cost Cost of goods sold Cost accounting ANSWER DOWNLOAD EXAMIANS APP
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