Engineering Economics The process of determining the value or worth of a physical property for specific reason is called ______. Investment Depletion Economy Valuation Investment Depletion Economy Valuation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “unit method” for computing depletion? Factor method Percentage method Initial cost method Sinking fund method Factor method Percentage method Initial cost method Sinking fund method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. $ 5,010,000.00 $ 5,025,000.00 $ 5,050,000.00 $ 5,000,000.00 $ 5,010,000.00 $ 5,025,000.00 $ 5,050,000.00 $ 5,000,000.00 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Keeping in view, the feasibility order of magnitude, the preliminary, conceptual or budget estimates, are prepared by: Construction manager Construction manager Architect/engineer Owner himself/herself Construction manager Construction manager Architect/engineer Owner himself/herself ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The flow back of profit plus depreciation form a given project is called ______. Cash flow Economic return Capital recovery Earning value Cash flow Economic return Capital recovery Earning value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A construction estimate is used To decide an approximation of the value of the project and not the exact cost None of these To judge tentatively or approximate value of the project To produce a statement of the approximate cost To decide an approximation of the value of the project and not the exact cost None of these To judge tentatively or approximate value of the project To produce a statement of the approximate cost ANSWER DOWNLOAD EXAMIANS APP
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