Engineering Economics What refers to an imaginary cost representing what will not be received if a particular strategy is rejected? Opportunity cost Horizon cost Null cost Ghost cost Opportunity cost Horizon cost Null cost Ghost cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In a cash-flow diagram: Time 1 is considered to be the end of time period 1 A vertical arrow pointing up indicates a positive cash flow All of these Time 0 is considered to be the present Time 1 is considered to be the end of time period 1 A vertical arrow pointing up indicates a positive cash flow All of these Time 0 is considered to be the present ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the correct reason for making conceptual (or preliminary) estimate from the following: To have a check on a definitive cost estimate To check quotations from contractors and/or sub-contractors All of these To compute target estimate for the owner while drawing and specifications are in initial stage To have a check on a definitive cost estimate To check quotations from contractors and/or sub-contractors All of these To compute target estimate for the owner while drawing and specifications are in initial stage ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the type of annuity where the payments are made at the end of each period starting from the first period? Perpetuity Annuity due Deferred annuity Ordinary annuity Perpetuity Annuity due Deferred annuity Ordinary annuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which is true about partnership? Its capitalization must be equal for each partner. It has a perpetual life. It can be handed down from one generation of partners to another. It will be dissolved if one of the partners ceases to be connected with the partnership. Its capitalization must be equal for each partner. It has a perpetual life. It can be handed down from one generation of partners to another. It will be dissolved if one of the partners ceases to be connected with the partnership. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the main purpose of project cost control from the following: To promote cost consciousness To provide a feed back to the estimator All of these To signal immediate warning of uneconomic operations To promote cost consciousness To provide a feed back to the estimator All of these To signal immediate warning of uneconomic operations ANSWER DOWNLOAD EXAMIANS APP