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 Null cost Opportunity cost Horizon cost Ghost cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the amount of a product made available for sale? Good Demand Supply Product Good Demand Supply Product ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The financial health of the company is measured in terms of: All of these Relative risk Solvency Liquidity All of these Relative risk Solvency Liquidity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What are the common methods of computing depletion charge? Discrete method and depletion allowance method Conservative method and conventional method Rational method and irrational method Unit method and percentage method Discrete method and depletion allowance method Conservative method and conventional method Rational method and irrational method Unit method and percentage method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal? Nominal rate of interest Compound interest Simple interest Effective rate of interest Nominal rate of interest Compound interest Simple interest Effective rate of interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the main purpose of project cost control from the following: 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 To promote cost consciousness ANSWER DOWNLOAD EXAMIANS APP