Engineering Economics The estimate based on a detailed quantity survey and furnishes the most accurate and reliable estimate possible is known as None of these Probabilistic estimate Conceptual estimate Definitive estimate None of these Probabilistic estimate Conceptual estimate Definitive estimate ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the goods and services that are desired by human and will be acquired only after all the needs have been satisfied? Necessity Luxury Producer products Consumer products Necessity Luxury Producer products Consumer products ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is an accounting term that represents an inventory account adjustment? Cost of goods sold Cost accounting Standard cost Overhead cost Cost of goods sold Cost accounting Standard cost Overhead cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the correct method adopted for developing the approximate or conceptual estimates from the following: All of these Base unit method Cost per square metre Cost per function method All of these Base unit method Cost per square metre Cost per function method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount? 0.0425 0.0367 0.04 0.0415 0.0425 0.0367 0.04 0.0415 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year? P702.15 P705.42 P693.12 P700.12 P702.15 P705.42 P693.12 P700.12 ANSWER DOWNLOAD EXAMIANS APP
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