Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Goods Goods or commodities Services Commodities Goods Goods or commodities Services Commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The profit derived from a project or business enterprise without consideration of obligations to financial contributors and claims of others based on profit is known as ______. Yield Gain Economic return Earning value Yield Gain Economic return Earning value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Double taxation is a disadvantage of which business organization? Corporation Enterprise Partnership Sole proprietorship Corporation Enterprise Partnership Sole proprietorship ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the element of the cost from the following: Direct material Direct labour Over head All of these Direct material Direct labour Over head All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘P’ is principal amount, ‘i’ is the rate of interest and ‘n’ is the number of periods in years, then the interest factor is: (ni - 1) ni None of these (1 + ni) (ni - 1) ni None of these (1 + ni) ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The amount of company’s profit that the board of directors of the corporation decides to distribute to ordinary shareholders is called ______. Return Equity Dividend Share of stock Return Equity Dividend Share of stock ANSWER DOWNLOAD EXAMIANS APP
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