Engineering Economics What refers to an imaginary cost representing what will not be received if a particular strategy is rejected? Null cost Ghost cost Horizon cost Opportunity cost Null cost Ghost cost Horizon cost Opportunity cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What are the common methods of computing depletion charge? 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 Discrete method and depletion allowance method Conservative method and conventional method Rational method and irrational method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the present worth of the probable future net earnings? Total fair value Total market value Going concern value Earning value Total fair value Total market value Going concern value Earning value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the goods and services that are required to support human life, needs and activities? Producer products Necessity Luxury Consumer products Producer products Necessity Luxury Consumer products ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the claim of anyone to ownership? Liability Assets Proprietorship Equity Liability Assets Proprietorship Equity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Salvage value is sometimes known as ______. Junk value Going value Second-hand value Scrap value Junk value Going value Second-hand value Scrap value ANSWER DOWNLOAD EXAMIANS APP