Engineering Economics What is a stock of a product which is held by a trade body or government as a means of regulating the price of that product? Stock pile Withheld stock Buffer stock Hoard stock Stock pile Withheld stock Buffer stock Hoard stock ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Gross margin is the ratio of the gross profit to ______. Inventory turnover Net sale Quick assets Owner’s equity Inventory turnover Net sale Quick assets Owner’s equity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics An association of two or more persons for the purpose of engaging into a business for profit is called ______. Partnership Entrepreneurship Corporation Proprietorship Partnership Entrepreneurship Corporation Proprietorship ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the change in cost per unit variable change called? Fixed cost Incremental cost Supplemental cost Variable cost Fixed cost Incremental cost Supplemental cost Variable cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A VOM has a selling price of P 400. If its selling price is expected to decline at a rate of 10% per annum due to obsolescence, what will be its selling price after 5 years? P 222.67 P 212.90 P 236.20 P 231.56 P 222.67 P 212.90 P 236.20 P 231.56 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which method is adopted to develop an approximate or conceptual estimate for perimeter works for buildings from the following? Cost per function method Cost per linear metre method Base unit method Cost per square metre method Cost per function method Cost per linear metre method Base unit method Cost per square metre method ANSWER DOWNLOAD EXAMIANS APP
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