Engineering Economics The key to profitable operation for project cost control, is: To keep the project cost equal to original cost estimate 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 subsequent construction budget None of these To keep the project cost equal to original cost estimate 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 subsequent construction budget None of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio obtained by dividing 'quick assets' by current liabilities is called None of these Solvency ratio Turnover ratio Acid test ratio None of these Solvency ratio Turnover ratio Acid test ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The wages of supervisors and material handlers are charged as: None of these Indirect labour cost Direct labour cost Over head None of these Indirect labour cost Direct labour cost Over head ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “current assets”? Fixed assets Non-liquid assets Ccash Liquid assets Fixed assets Non-liquid assets Ccash Liquid assets 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? Luxury Consumer products Producer products Necessity Luxury Consumer products Producer products Necessity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The common ratio is the ratio of: Current assets to current liabilities Gross profit to net sales Net income to owner’s equity Net credit sales to average net receivable Current assets to current liabilities Gross profit to net sales Net income to owner’s equity Net credit sales to average net receivable ANSWER DOWNLOAD EXAMIANS APP