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Engineering Economics

Engineering Economics
What do you call a one-time credit against taxes?

Revenue credit
Credible credit
Due credit
Tax credit

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Engineering Economics
A project construction cost estimate includes:

The equipment and over head cost
The profit of the contractor
The labour and material cost
All of these

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Engineering Economics
In what method of computing depreciation where it assumes that the loss in value is directly proportional to the age of the equipment or asset?

Straight line method
Sinking fund method
Declining balance method
Sum-of-year digit method

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Engineering Economics
If ‘a’ is the base amount expenditure, ‘b’ is the increase in the operation cost each year over a period of’ 'n’ years, the total cost of maintenance is:

a + (n + 1) b
a × (n - 1) b
a + (n - 1) b
a - (n - 1) b

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Engineering Economics
What is defined as the certificate of indebtedness of corporation usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation?

T-bills
Stock
Bond
Promissory note

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Engineering Economics
The interest calculated on the basis of 365 days a year, is known as:

Interest
Ordinary simple interest
None of these
Exact simple interest

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