Engineering Economics
The estimate based on a detailed quantity survey and furnishes the most accurate and reliable estimate possible is known as

Probabilistic estimate
Definitive estimate
None of these
Conceptual estimate

ANSWER DOWNLOAD EXAMIANS APP

Engineering Economics
Using factor method, the depletion at any given year is equal to:

Initial cost of property times number of units sold during the year
Initial cost of property divided by the number of units sold during the year
Initial cost of property times number of unit sold during the year divided by the total units in property
Initial cost of property divided by the total units in property

ANSWER DOWNLOAD EXAMIANS APP