Engineering Economics The depletion allowance method of computing depletion is commonly known as ______. Percentage method Sinking fund method Factor method Unit method Percentage method Sinking fund method Factor method Unit method 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 ______. Fair value Market value Good will value Book value Fair value Market value Good will value Book value 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? Seller Buyer or consumer Manufacturer Producer Seller Buyer or consumer Manufacturer Producer ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the claim of anyone to ownership? Proprietorship Assets Liability Equity Proprietorship Assets Liability Equity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Annuities involve: All of these All payments of equal amount A series of payments Payment at equal time intervals All of these All payments of equal amount A series of payments Payment at equal time intervals ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction or fall of the value of an asset due to constant use and passage of time? Deflation Depletion Depreciation Inflation Deflation Depletion Depreciation Inflation ANSWER DOWNLOAD EXAMIANS APP
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