Engineering Economics What is a secondary book of accounts, the information of which is obtained from the journal is called? Trial balance Balanced sheet Ledger Worksheet Trial balance Balanced sheet Ledger Worksheet ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A bond without any security behind them except a promise to pay by the issuing corporation is called ______. Joint bond Common bond Trust bond Debenture bond Joint bond Common bond Trust bond Debenture bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate? 0.1602 0.1632 0.1628 0.1647 0.1602 0.1632 0.1628 0.1647 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What method is often used in municipal project evaluations where benefits and costs accrue to different segments of the community? Benefit-cost ratio Rate of return method EUAC Annual cost method Benefit-cost ratio Rate of return method EUAC Annual cost method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the claim of anyone to ownership? Liability Equity Proprietorship Assets Liability Equity Proprietorship Assets ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Lands, buildings, plants and machineries are example of what type of asset? Current asset Fixed asset Intangible asset Trade investment asset Current asset Fixed asset Intangible asset Trade investment asset ANSWER DOWNLOAD EXAMIANS APP
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