Engineering Economics What is a secondary book of accounts, the information of which is obtained from the journal is called? Balanced sheet Worksheet Ledger Trial balance Balanced sheet Worksheet Ledger Trial balance ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics All are classified under direct labor expenses EXCEPT one. Which one? Inspection cost Testing cost Assembly cost Supervision cost Inspection cost Testing cost Assembly cost Supervision cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest? 25.0 % 25.8 % 24.7 % 23.5 % 25.0 % 25.8 % 24.7 % 23.5 % ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The annuity which refers to a debt payment for recovering the initial amount or capital in equal periodical payments, is known as; Sinking fund annuity Present Worth Annuity Capital recovery annuity Compound annuity Sinking fund annuity Present Worth Annuity Capital recovery annuity Compound annuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn? Present worth factor Yield Interest rate Time value of money Present worth factor Yield Interest rate Time value of money 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? 0.1647 0.1602 0.1632 0.1628 0.1647 0.1602 0.1632 0.1628 ANSWER DOWNLOAD EXAMIANS APP