Engineering Economics The unrecovered depreciation which results due to poor estimates as to the life of the equipment is called ______. Sunk cost In-place value Economic life Annuity Sunk cost In-place value Economic life Annuity ANSWER DOWNLOAD EXAMIANS APP
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 Conceptual estimate None of these Probabilistic estimate Definitive estimate Conceptual estimate None of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ability to convert assets to cash quickly is known as ______. Solvency Leverage Liquidity Insolvency Solvency Leverage Liquidity Insolvency ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the basic accounting equation? Liability = assets + owners’ equity Owner’s equity = assets + liability Owner’s equity = liability – assets Assets = liability + owner’s equity Liability = assets + owners’ equity Owner’s equity = assets + liability Owner’s equity = liability – assets Assets = liability + owner’s equity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the factor name of the formula (1+i)^-n? Single payment present worth Capital recovery Single payment compound amount Uniform gradient future worth Single payment present worth Capital recovery Single payment compound amount Uniform gradient future worth ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the main purpose of project cost control from the following: To signal immediate warning of uneconomic operations All of these To provide a feed back to the estimator To promote cost consciousness To signal immediate warning of uneconomic operations All of these To provide a feed back to the estimator To promote cost consciousness ANSWER DOWNLOAD EXAMIANS APP
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