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Engineering Economics

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

Cost of goods sold
Cost accounting
Overhead cost
Standard cost

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Engineering Economics
A project construction cost estimate includes:

The labour and material cost
All of these
The equipment and over head cost
The profit of the contractor

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Engineering Economics
What refers to the amount of money paid for the use of borrowed capital?

Simple interest
Interest
Rate of interest
Principal

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Engineering Economics
The profit derived from a project or business enterprise without consideration of obligations to financial contributors and claims of others based on profit is known as ______.

Earning value
Gain
Economic return
Yield

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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
Neither (A) nor (B)
Money is borrowed for n = 7 years

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Engineering Economics
The more critical (or severe) test of the firm's liquidity can be judged by:

Debts ratio
Acid-Test (or Quick) ratio
Liquidity ratio
Current ratio

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MORE MCQ ON Engineering Economics

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