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Engineering Economics

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

Callability
Call class
Return clause
Recall clause

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Engineering Economics
What are the two classifications of goods and services?

Ready-made and made-to-order
Local and imported
Consumer and producer
Raw and finished

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Engineering Economics
What is the type of annuity where the first payment does not begin until some later date in the cash flow?

Ordinary annuity
Perpetuity
Annuity due
Deferred annuity

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Engineering Economics
All are classified under direct labor expenses EXCEPT one. Which one?

Supervision cost
Assembly cost
Inspection cost
Testing cost

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Engineering Economics
What do you call a one-time credit against taxes?

Due credit
Revenue credit
Credible credit
Tax credit

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Engineering Economics
What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties?

Market value
Book value
Fair value
Franchise value

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