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Engineering Economics

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

Proprietorship
Equity
Assets
Liability

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Engineering Economics
Is an artificial being created by operation of law, having the right of succession and the process, attributes and properties expressly authorized by the law or incident to its existence.

Property
Corporation
Partnership
Organization

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Engineering Economics
What type of bond is issued jointly by two or more corporations?

Joint bond
Mortgage bond
Trust bond
Tie-up bond

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Engineering Economics
The ratio obtained by dividing 'quick assets' by current liabilities is called

None of these
Acid test ratio
Solvency ratio
Turnover ratio

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Engineering Economics
What is the reduction in the money value of capital asset is called?

Capital loss
Loss
Capital expenditure
Deficit

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Engineering Economics
The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______.

Fixed cost
First cost
In-place value
Material cost

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