Engineering Economics What is another term for “unit method” for computing depletion? Percentage method Factor method Initial cost method Sinking fund method Percentage method Factor method Initial cost method Sinking fund method ANSWER DOWNLOAD EXAMIANS APP
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 float Currency appreciation Currency devaluation Currency depreciation Currency float Currency appreciation Currency devaluation ANSWER DOWNLOAD EXAMIANS APP
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 ______. Book value Fair value Good will value Market value Book value Fair value Good will value Market value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A bond without any security behind them except a promise to pay by the issuing corporation is called ______. Trust bond Joint bond Debenture bond Common bond Trust bond Joint bond Debenture bond Common bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Capitalized cost of any structure or property is computed by which formula? First cost + salvage value First cost + cost of perpetual maintenance First cost + interest of first cost Annual cost – interest of first cost First cost + salvage value First cost + cost of perpetual maintenance First cost + interest of first cost Annual cost – interest of first cost ANSWER DOWNLOAD EXAMIANS APP
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 a × (n - 1) b a - (n - 1) b a + (n + 1) b a + (n - 1) b ANSWER DOWNLOAD EXAMIANS APP