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Engineering Economics

Engineering Economics
What is the change in cost per unit variable change called?

Fixed cost
Incremental cost
Variable cost
Supplemental cost

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Engineering Economics
The original record of a business transaction is recorded in this book.

Account book
Ledger
Work book
Journal

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Engineering Economics
If interest is paid more than once in a year, ‘i’ is the rate of interest per year, ‘n’ is the number of periods in years and ‘m’ is a number of periods per years, compound amount factor (CAF) is:

(1 + i/m)1/n
(1 + i/n)m
(1 + i/m)n
(1 + i/n)1/m

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Engineering Economics
Which method is adopted to develop an approximate or conceptual estimate for perimeter works for buildings from the following?

Cost per linear metre method
Cost per square metre method
Cost per function method
Base unit method

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Engineering Economics
Capitalized cost of any structure or property is computed by which formula?

Annual cost – interest of first cost
First cost + cost of perpetual maintenance
First cost + interest of first cost
First cost + salvage value

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Engineering Economics
Which one of the following is included in financial ratios of the firm?

Profitability ratio
All of these
Turnover ratio
Liquidity ratio

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