Engineering Economics What is the basic accounting equation? 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 Owner’s equity = assets + liability ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the present worth of the probable future net earnings? Total fair value Going concern value Earning value Total market value Total fair value Going concern value Earning value Total market value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What stock represents ownership and enjoys certain preferences than ordinary stock? Preferred stock Authorized stock Presidential stock Incorporator’s stock Preferred stock Authorized stock Presidential stock Incorporator’s stock ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the element of the cost from the following: Direct material All of these Direct labour Over head Direct material All of these Direct labour Over head ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the main purpose of project cost control from the following: To provide a feed back to the estimator To signal immediate warning of uneconomic operations All of these To promote cost consciousness To provide a feed back to the estimator To signal immediate warning of uneconomic operations All of these To promote cost consciousness ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics All the proceeds which are received by the business as a result of the sale of goods is called ______. Gross income Net revenue Total sales Net income Gross income Net revenue Total sales Net income ANSWER DOWNLOAD EXAMIANS APP
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