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Engineering Economics

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

Equity
Liability
Proprietorship
Assets

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Engineering Economics
What is an accounting term that represents an inventory account adjustment?

Cost accounting
Cost of goods sold
Standard cost
Overhead cost

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Engineering Economics
What denotes in the fall in the exchange rate of one currency in terms of the others? This term is usually applies to the floating exchange rate.

Currency devaluation
Currency depreciation
Currency appreciation
Currency float

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Engineering Economics
What is a market situation whereby there is only one buyer of an item for which there is no goods substitute?

Monopoly
Oligopoly
Oligopsony
Monopsony

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Engineering Economics
A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10%.

P1,945.64
P1,345.98
P1,459.64
P1,549.64

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

366
300
365
360

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