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Engineering Economics

Engineering Economics
What is defined as the reduction or fall of the value of an asset due to constant use and passage of time?

Depreciation
Inflation
Deflation
Depletion

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Engineering Economics
Lands, buildings, plants and machineries are example of what type of asset?

Current asset
Intangible asset
Trade investment asset
Fixed asset

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Engineering Economics
Salvage value is sometimes known as ______.

Second-hand value
Going value
Junk value
Scrap value

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Engineering Economics
Which of the following is an example of intangible asset?

Investment in subsidiary companies
Furnitures
Cash
Patents

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Engineering Economics
What is the factor name of the formula [i(1+i)^n]/[((1+i)^n)-1]?

Uniform series sinking fund
Capital recovery
Single payment present worth
Uniform gradient future worth

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Engineering Economics
What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal?

Compound interest
Nominal rate of interest
Simple interest
Effective rate of interest

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MORE MCQ ON Engineering Economics

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