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Engineering Economics

Engineering Economics
What is the feature of some bonds whereby the issuer can redeem it before it matures?

Recall clause
Callability
Return clause
Call class

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Engineering Economics
What is used to record historical financial transactions?

Balance check
General journal system
Bookkeeping system
Ledger system

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Engineering Economics
What is an accounting term that represents an inventory account adjustment?

Standard cost
Cost accounting
Cost of goods sold
Overhead cost

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Engineering Economics
Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 non-interest for 180 days. If discounted at once, find the proceeds of the note.

P19,000
P19,100
P18,000
P18,900

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Engineering Economics
The product of CAF (S P) and PWF (S P) is:

43834
1
43833
43832

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Engineering Economics
ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method.

7 eyars
10 years
8 years
9 years

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