Engineering Economics What is considered as the basic consuming or demanding unit of a commodity? Buyer or consumer Seller Manufacturer Producer Buyer or consumer Seller Manufacturer Producer ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest? 0.039 0.0395 0.0392 0.0398 0.039 0.0395 0.0392 0.0398 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the basic accounting equation? Owner’s equity = assets + liability Owner’s equity = liability – assets Assets = liability + owner’s equity Liability = assets + owners’ equity Owner’s equity = assets + liability Owner’s equity = liability – assets Assets = liability + owner’s equity Liability = assets + owners’ equity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In what method of computing depreciation where it assumes that the loss in value is directly proportional to the age of the equipment or asset? Sinking fund method Declining balance method Sum-of-year digit method Straight line method Sinking fund method Declining balance method Sum-of-year digit method Straight line method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the type of annuity where the payments are made at the end of each period starting from the first period? Ordinary annuity Perpetuity Deferred annuity Annuity due Ordinary annuity Perpetuity Deferred annuity Annuity due ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want? Commodities Services Goods Goods or commodities Commodities Services Goods Goods or commodities ANSWER DOWNLOAD EXAMIANS APP
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