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Engineering Economics

Engineering Economics
What is the term for an annuity with a fixed time span?

Annuity certain
Ordinary annuity
Annuity due
Perpetuity

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Engineering Economics
What is a market situation whereby there is only one buyer of an item for which there is no goods substitute?

Oligopoly
Monopsony
Oligopsony
Monopoly

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Engineering Economics
What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents?

Deflation
Inflation
Depreciation
Depletion

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

Journal
Ledger
Work book
Account book

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

Turnover ratio
Liquidity ratio
All of these
Profitability ratio

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Engineering Economics
Is an artificial being created by operation of law, having the right of succession and the process, attributes and properties expressly authorized by the law or incident to its existence.

Organization
Property
Partnership
Corporation

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MORE MCQ ON Engineering Economics

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