Engineering Economics The difference between the present and future worth of money at some time in the future is called ______. Discount Deduction Depletion Inflation Discount Deduction Depletion Inflation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The construction estimate of a project is used by: The contractor of the project The owner of the facility All of these The consulting architect/engineer The contractor of the project The owner of the facility All of these The consulting architect/engineer 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? Physical depreciation Demand depreciation Design depreciation Functional depreciation Physical depreciation Demand depreciation Design depreciation Functional depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want? Commodities Services Goods Goods or commodities Commodities Services Goods Goods or commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Under the depletion allowance method in computing depreciation, the depletion charge is equal to either ______ whichever is smaller. Fixed percentage of gross income or 50% of the net taxable income 50% of the fixed percentage of gross income or 50% of the net taxable income 50% of the fixed percentage of gross income or the net taxable income Fixed percentage of gross income or the net taxable income Fixed percentage of gross income or 50% of the net taxable income 50% of the fixed percentage of gross income or 50% of the net taxable income 50% of the fixed percentage of gross income or the net taxable income Fixed percentage of gross income or the net taxable income ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics How long will it take money to double itself if invested at 5% compounded annually? 15.3 years 14.2 years 13.7 years 14.7 years 15.3 years 14.2 years 13.7 years 14.7 years ANSWER DOWNLOAD EXAMIANS APP
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