Engineering Economics What is used to record historical financial transactions? General journal system Ledger system Balance check Bookkeeping system General journal system Ledger system Balance check Bookkeeping system ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the element of the cost from the following: Direct material All of these Direct labour Over head Direct material All of these Direct labour Over head ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______. Nominal interest Effective interest Economic return Expected return Nominal interest Effective interest Economic return Expected return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics How long will it take money to double itself if invested at 5% compounded annually? 14.2 years 13.7 years 14.7 years 15.3 years 14.2 years 13.7 years 14.7 years 15.3 years ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The project contractor relies on the cost of the estimate: For preparation of a definitive estimate to help negotiate contract For submission of a competitive bid for a lump-sum contract All of these For a unit price contract For preparation of a definitive estimate to help negotiate contract For submission of a competitive bid for a lump-sum contract All of these For a unit price contract ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What type of depreciation is due to the reduction of the physical ability of an equipment or asset to produce results? Functional depreciation Design depreciation Physical depreciation Demand depreciation Functional depreciation Design depreciation Physical depreciation Demand depreciation ANSWER DOWNLOAD EXAMIANS APP
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