Engineering Economics What is another term for “unit method” for computing depletion? Factor method Sinking fund method Percentage method Initial cost method Factor method Sinking fund method Percentage method Initial cost method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the present worth of cost associated with an asset for an infinite period of time? Annual cost Increment cost Capitalized cost Operating cost Annual cost Increment cost Capitalized cost Operating cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What method is often used in municipal project evaluations where benefits and costs accrue to different segments of the community? Annual cost method Rate of return method Benefit-cost ratio EUAC Annual cost method Rate of return method Benefit-cost ratio EUAC ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest? Effective rate of interest Nominal rate of interest Compound interest Simple interest Effective rate of interest Nominal rate of interest Compound interest Simple interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The project contractor relies on the cost of the estimate: For a unit price contract All of these For preparation of a definitive estimate to help negotiate contract For submission of a competitive bid for a lump-sum contract For a unit price contract All of these For preparation of a definitive estimate to help negotiate contract For submission of a competitive bid for a lump-sum contract ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is an accounting term that represents an inventory account adjustment? Cost of goods sold Standard cost Cost accounting Overhead cost Cost of goods sold Standard cost Cost accounting Overhead cost ANSWER DOWNLOAD EXAMIANS APP
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