Engineering Economics What is an accounting term that represents an inventory account adjustment? Standard cost Cost of goods sold Overhead cost Cost accounting Standard cost Cost of goods sold Overhead cost Cost accounting 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; Compound annuity Present Worth Annuity Capital recovery annuity Sinking fund annuity Compound annuity Present Worth Annuity Capital recovery annuity Sinking fund annuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Aside from many sellers and many buyers, which one is a characteristic of perfect competition? Free market entry and exit Perfect information and absence of all economic friction All of these Homogeneous product Free market entry and exit Perfect information and absence of all economic friction All of these Homogeneous product ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The functional depreciation is sometimes called ______. Adolescence Failure depreciation Demand depreciation Life depreciation Adolescence Failure depreciation Demand depreciation Life depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the: Law of diminishing return Law of supply and demand Law of demand Law of supply Law of diminishing return Law of supply and demand Law of demand Law of supply ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The institute of Electronics and Communications Engineers of the Philippines (IECEP) is planning to put up its own building. Two proposals being considered are:A. The construction of the building now to cost P 400,000B. The construction of a smaller building now to cost P300,000 and at the end of 5 years, an extension to be added to cost P 200,000.By how much is proposal B more economical than proposal A if interest rate is 20% and depreciation to be neglected? P 19,122.15 P 19,423.69 P 19,624.49 P 19,518.03 P 19,122.15 P 19,423.69 P 19,624.49 P 19,518.03 ANSWER DOWNLOAD EXAMIANS APP
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