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Engineering Economics

Engineering Economics
What refers to the claim of anyone to ownership?

Assets
Liability
Proprietorship
Equity

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Engineering Economics
The wages of supervisors and material handlers are charged as:

None of these
Over head
Indirect labour cost
Direct labour cost

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Engineering Economics
In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes?

Declining balance method
Sinking fund method
Straight line method
Sum-of-year digit method

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Engineering Economics
The interest calculated on the basis of 365 days a year, is known as:

Ordinary simple interest
Exact simple interest
Interest
None of these

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Engineering Economics
What is the change in cost per unit variable change called?

Incremental cost
Fixed cost
Supplemental cost
Variable cost

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Engineering Economics
In what method of computing depreciation where it assumes that the annual cost of depreciation is a fixed percentage of the book value at the beginning of the year?

Sinking fund method
Declining balance method
Straight line method
Sum-of-year digit method

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