Engineering Economics What is another term for “unit method” for computing depletion? Sinking fund method Factor method Initial cost method Percentage method Sinking fund method Factor method Initial cost method Percentage method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The key to profitable operation for project cost control, is: To keep the project cost equal to original cost estimate None of these To keep the project cost within the cost budget and knowing when and where job costs are deviating To keep the project cost equal to subsequent construction budget To keep the project cost equal to original cost estimate None of these To keep the project cost within the cost budget and knowing when and where job costs are deviating To keep the project cost equal to subsequent construction budget ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market? Oligopoly Perfect competition Monopoly Oligopsony Oligopoly Perfect competition Monopoly Oligopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 non-interest for 180 days. If discounted at once, find the proceeds of the note. P18,000 P19,000 P18,900 P19,100 P18,000 P19,000 P18,900 P19,100 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics An asset is purchased for P 9,000.00. Its estimated economic life is 10 years after which it will be sold for P 1,000.00. Find the depreciation in the first three years using sum-of-years digit method P 3,279.27 P 3,729.27 P 3,927.27 P 3,792.72 P 3,279.27 P 3,729.27 P 3,927.27 P 3,792.72 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “current assets”? Non-liquid assets Liquid assets Ccash Fixed assets Non-liquid assets Liquid assets Ccash Fixed assets ANSWER DOWNLOAD EXAMIANS APP