Engineering Economics The key to profitable operation for project cost control, is: None of these To keep the project cost within the cost budget and knowing when and where job costs are deviating To keep the project cost equal to original cost estimate To keep the project cost equal to subsequent construction budget None of these To keep the project cost within the cost budget and knowing when and where job costs are deviating To keep the project cost equal to original cost estimate To keep the project cost equal to subsequent construction budget ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “perfect competition”? Atomistic competition No-limit competition Free-for-all competition Heterogeneous market Atomistic competition No-limit competition Free-for-all competition Heterogeneous market 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? Depreciation Depletion Inflation Deflation Depreciation Depletion Inflation Deflation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Probabilistic estimating of a construction project includes: Wage scale Productivity Labour All of these Wage scale Productivity Labour All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What are the common methods of computing depletion charge? Discrete method and depletion allowance method Conservative method and conventional method Unit method and percentage method Rational method and irrational method Discrete method and depletion allowance method Conservative method and conventional method Unit method and percentage method Rational method and irrational method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio obtained by dividing 'quick assets' by current liabilities is called Turnover ratio None of these Solvency ratio Acid test ratio Turnover ratio None of these Solvency ratio Acid test ratio ANSWER DOWNLOAD EXAMIANS APP
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