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Engineering Economics

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

Cost accounting
Cost of goods sold
Standard cost
Overhead cost

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Engineering Economics
What type of bond whose guaranty is in lien on railroad equipment, such as freight and passenger cars, locomotives, etc.?

Equipment obligation bond
Equipment trust bond
Equipment bond
Railroad bond

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Engineering Economics
What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want?

Commodities
Goods or commodities
Goods
Services

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Engineering Economics
A VOM has a selling price of P 400. If its selling price is expected to decline at a rate of 10% per annum due to obsolescence, what will be its selling price after 5 years?

P 212.90
P 222.67
P 231.56
P 236.20

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Engineering Economics
How long will it take money to double itself if invested at 5% compounded annually?

14.7 years
14.2 years
13.7 years
15.3 years

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Engineering Economics
In year zero, you invest P 10,000.00 in a 15% security for 5 years. During that time, the average annual inflation is 6%. How much in terms of year zero pesos will be in the account at maturity?

P 15,030.03
P 20,113.57
P 18,289.05
P 16,892.34

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