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Engineering Economics

Engineering Economics
What is considered as the basic consuming or demanding unit of a commodity?

Seller
Manufacturer
Buyer or consumer
Producer

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Engineering Economics
What is the term for an annuity with a fixed time span?

Annuity due
Annuity certain
Perpetuity
Ordinary annuity

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Engineering Economics
The estimate based on a detailed quantity survey and furnishes the most accurate and reliable estimate possible is known as

Conceptual estimate
None of these
Definitive estimate
Probabilistic estimate

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Engineering Economics
Aggregation of individuals formed for the purpose of conducting a business and recognized by law as a fictitious person is called ______.

Stockholders
Corporation
Investors
Partnership

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Engineering Economics
A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method?

P 2,100.00
P 2,200.00
P 2,000.00
P 2,300.00

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Engineering Economics
What refers to the residual value of a company’s assets after all outside liabilities (shareholders excluded) have been allowed for?

Equity
Par value
Return
Dividend

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MORE MCQ ON Engineering Economics

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