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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
Standard cost
Cost accounting

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Engineering Economics
The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______.

Material cost
In-place value
First cost
Fixed cost

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Engineering Economics
What is the present worth of two P 100 payments at the end of the third year and fourth year? The annual interest rate is 8%.

P 150.56
P 151.09
P 153.89
P 152.88

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Engineering Economics
What type of bond where the corporation’s owner name are recorded and the interest is paid periodically to the owners with their asking for it?

Callable bond
Preferred bond
Registered bond
Incorporators bond

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Engineering Economics
A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year?

P705.42
P693.12
P700.12
P702.15

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Engineering Economics
What refers to the present worth of the probable future net earnings?

Total market value
Going concern value
Total fair value
Earning value

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