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Engineering Economics

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

Cost of goods sold
Overhead cost
Cost accounting
Standard cost

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Engineering Economics
What bond whose security is a mortgage on certain specified assets of the corporation?

Collateral trust bond
Registered bond
Mortgage bond
Debenture bond

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Engineering Economics
If ‘a’ is the base amount expenditure, ‘b’ is the increase in the operation cost each year over a period of’ 'n’ years, the total cost of maintenance is:

a + (n + 1) b
a × (n - 1) b
a - (n - 1) b
a + (n - 1) b

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Engineering Economics
Shell Philippines, a multinational company, has a total gross income for a particular year of P 50,000,000. The taxable income after taking all deductions except for depletion is P 18,500,000. What is the allowable depletion allowance for that particular year? Take percentage of gross income for oil as 22%.

P 9,308.45
P 9,228.45
P 9,250.00
P 9,358.41

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Engineering Economics
If interest is paid more than once in a year, ‘i’ is the rate of interest per year, ‘n’ is the number of periods in years and ‘m’ is a number of periods per years, compound amount factor (CAF) is:

(1 + i/n)m
(1 + i/n)1/m
(1 + i/m)1/n
(1 + i/m)n

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Engineering Economics
What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market?

Oligopoly
Perfect competition
Oligopsony
Monopoly

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