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Engineering Economics

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

Standard cost
Cost accounting
Overhead cost
Cost of goods sold

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Engineering Economics
Pick up the ratio which gives us sufficient information by which to judge the financial condition and performance of the firm, from the following:

Activity ratio
None of these
Liquidity ratio
Financial leverage ratio

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Engineering Economics
Keeping in view, the feasibility order of magnitude, the preliminary, conceptual or budget estimates, are prepared by:

Owner himself/herself
Construction manager
Architect/engineer
Construction manager

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Engineering Economics
The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ______.

Currency depreciation
Currency appreciation
Currency devaluation
Currency float

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Engineering Economics
What type of depreciation is due to the reduction of the physical ability of an equipment or asset to produce results?

Functional depreciation
Physical depreciation
Demand depreciation
Design depreciation

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Engineering Economics
The amount of property in which a willing buyer to a willing seller for the property when neither one is under the compulsion to buy nor to sell is called ______.

Fair value
Market value
Book value
Good will value

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