Engineering Economics What is used to record historical financial transactions? Ledger system General journal system Balance check Bookkeeping system Ledger system General journal system Balance check Bookkeeping system ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The common ratio is the ratio of: Net income to owner’s equity Net credit sales to average net receivable Current assets to current liabilities Gross profit to net sales Net income to owner’s equity Net credit sales to average net receivable Current assets to current liabilities Gross profit to net sales ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What bond whose security is a mortgage on certain specified assets of the corporation? Registered bond Collateral trust bond Mortgage bond Debenture bond Registered bond Collateral trust bond Mortgage bond Debenture bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The unrecovered depreciation which results due to poor estimates as to the life of the equipment is called ______. Annuity In-place value Sunk cost Economic life Annuity In-place value Sunk cost Economic life ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The original record of a business transaction is recorded in this book. Journal Ledger Work book Account book Journal Ledger Work book Account book ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The declining balance method is also known as ______. Double percentage method Modified sinking fund method Modified SYD method Constant percentage method Double percentage method Modified sinking fund method Modified SYD method Constant percentage method ANSWER DOWNLOAD EXAMIANS APP
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