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Engineering Economics

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

Seller
Manufacturer
Producer
Buyer or consumer

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Engineering Economics
What is an accounting term that represents an inventory account adjustment?

Cost accounting
Overhead cost
Standard cost
Cost of goods sold

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Engineering Economics
If there is only one seller and many buyers, the market situation is ________ .

Duopsony
Oligopoly
Oligopsony
Monopoly

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Engineering Economics
The financial health of the company is measured in terms of:

Solvency
Liquidity
All of these
Relative risk

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Engineering Economics
What is the basic accounting equation?

Liability = assets + owners’ equity
Assets = liability + owner’s equity
Owner’s equity = liability – assets
Owner’s equity = assets + liability

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Engineering Economics
A person buys a piece of lot for P 100,000 downpayment and 10 deferred semi-annual payments of P 8,000 each, starting three years from now. What is the present value of the investment if the rate of interest is 12% compounded semi-annually?

P 143,104.89
P 142,189.67
P 143,999.08
P 142,999.08

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