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Engineering Economics

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

Equity
Proprietorship
Liability
Assets

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Engineering Economics
What is a measure of the average speed with which accounts receivable are collected?

Receivable turnover
Acid test ratio
Current ratio
Quick ratio

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Engineering Economics
What are the common methods of computing depletion charge?

Unit method and percentage method
Rational method and irrational method
Conservative method and conventional method
Discrete method and depletion allowance method

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Engineering Economics
A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand?

1.4 hours per unit
1.2 hours per unit
1.0 hour per unit
1.6 hours per unit

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Engineering Economics
One banker’s year is equivalent to ______ days.

300
366
360
365

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Engineering Economics
Which of the following is an example of intangible asset?

Investment in subsidiary companies
Patents
Furnitures
Cash

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MORE MCQ ON Engineering Economics

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