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Engineering Economics

Engineering Economics
What is an accounting term that represents an inventory account adjustment?

Cost accounting
Standard cost
Cost of goods sold
Overhead cost

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Engineering Economics
The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where

Both (A) and (B)
8% is the rate of interest per year
Money is borrowed for n = 7 years
Neither (A) nor (B)

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Engineering Economics
What refers to the interest rate at which the present work of the cash flow on a project is zero of the interest earned by an investment?

Rate of return
Economic return
Yield
Return of investment

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Engineering Economics
Pick up the method used for project evaluation and selection in capital budgeting from the following:

Payback period
Internal ratio of return
All listed here
Net present worth

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Engineering Economics
The wages of supervisors and material handlers are charged as:

Direct labour cost
None of these
Over head
Indirect labour cost

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Engineering Economics
What is the simplest form of business organization?

Sole proprietorship
Corporation
Enterprise
Partnership

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