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Engineering Economics

Engineering Economics
The financial health of the company is measured in terms of:

Liquidity
Relative risk
Solvency
All of these

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Engineering Economics
What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn?

Time value of money
Present worth factor
Yield
Interest rate

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Engineering Economics
One banker’s year is equivalent to ______ days.

366
360
300
365

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Engineering Economics
The wages of supervisors and material handlers are charged as:

Indirect labour cost
Direct labour cost
Over head
None of these

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Engineering Economics
What are the two classifications of goods and services?

Local and imported
Ready-made and made-to-order
Consumer and producer
Raw and finished

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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 float
Currency devaluation

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