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Engineering Economics

Engineering Economics
What is another term for “current assets”?

Ccash
Fixed assets
Non-liquid assets
Liquid assets

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Engineering Economics
The original record of a business transaction is recorded in this book.

Journal
Work book
Account book
Ledger

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Engineering Economics
What do you call the after-tax present worth of all depreciation effects over the depreciation period of the asset?

Period recovery
Depreciation recovery
Asset recovery
After-tax recovery

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Engineering Economics
Mr. Bacani borrowed money from the bank. He received from the bank P1,842 and promised to repay P2,000 at the end of 10 months. Determine the rate of simple interest.

0.1219
0.1203
0.1154
0.1029

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Engineering Economics
Which method is adopted to develop an approximate or conceptual estimate for perimeter works for buildings from the following?

Base unit method
Cost per linear metre method
Cost per square metre method
Cost per function method

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Engineering Economics
ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method.

10 years
8 years
7 eyars
9 years

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