Engineering Economics What is an accounting term that represents an inventory account adjustment? Standard cost Cost accounting Overhead cost Cost of goods sold Standard cost Cost accounting Overhead cost Cost of goods sold ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The owner of the construction company makes use of the estimate: To determine economic feasibility of the project To assist in financial arrangements To determine the capital investment costs All of these To determine economic feasibility of the project To assist in financial arrangements To determine the capital investment costs All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the cost of borrowing money or the amount earned by a unit principal per unit time? Rate of return Yield rate Economic return Rate of interest Rate of return Yield rate Economic return Rate of interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics All the proceeds which are received by the business as a result of the sale of goods is called ______. Total sales Net revenue Gross income Net income Total sales Net revenue Gross income Net income ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which is NOT an essential element of an ordinary annuity? The first payment is made at the beginning of the first period. The amounts of all payments are equal. The payments are made at equal interval of time. Compound interest is paid on all amounts in the annuity. The first payment is made at the beginning of the first period. The amounts of all payments are equal. The payments are made at equal interval of time. Compound interest is paid on all amounts in the annuity. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes? Declining balance method Sinking fund method Straight line method Sum-of-year digit method Declining balance method Sinking fund method Straight line method Sum-of-year digit method ANSWER DOWNLOAD EXAMIANS APP