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Engineering Economics

Engineering Economics
What is used to record historical financial transactions?

Balance check
Bookkeeping system
General journal system
Ledger system

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Engineering Economics
What refers to an imaginary cost representing what will not be received if a particular strategy is rejected?

Null cost
Opportunity cost
Horizon cost
Ghost cost

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Engineering Economics
Capitalized cost of any structure or property is computed by which formula?

First cost + salvage value
First cost + cost of perpetual maintenance
First cost + interest of first cost
Annual cost – interest of first cost

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Engineering Economics
What annuity is required over 12 years to equate with a future amount of P 20,000? Assume i= 6% annually.

P 1,205.74
P 1,185.54
P 1,107.34
P 1,290.34

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Engineering Economics
Both architect and engineer make use of the cost estimate of the project:

For designing of the project
For choosing alternatives
All of these
For site selection

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Engineering Economics
What is defines as the analysis and evaluation of the monetary consequences by using the theories and principles of economics to engineering applications, designs and projects?

Engineering economy
Economic Analysis
Engineering cost analysis
Design cost analysis

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