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Engineering Economics

Engineering Economics
What is used to record historical financial transactions?

Bookkeeping system
General journal system
Ledger system
Balance check

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Engineering Economics
A bond without any security behind them except a promise to pay by the issuing corporation is called ______.

Joint bond
Debenture bond
Common bond
Trust bond

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Engineering Economics
Which of these gives the lowest effective rate of interest?

11.90 % compounded annually
12.35 % compounded annually
11.60 % compounded annually
12.20 % compounded annually

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Engineering Economics
A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount?

0.0367
0.04
0.0415
0.0425

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Engineering Economics
What refers to the exchange mechanism that brings together the sellers and the buyers of a product, factor of production or financial security?

Office
Store
Market
Mall

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Engineering Economics
What method is often used in municipal project evaluations where benefits and costs accrue to different segments of the community?

Benefit-cost ratio
Annual cost method
EUAC
Rate of return method

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