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Engineering Economics

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

Assets
Liability
Equity
Proprietorship

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Engineering Economics
What is the term for an annuity with a fixed time span?

Ordinary annuity
Annuity due
Annuity certain
Perpetuity

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Engineering Economics
The more critical (or severe) test of the firm's liquidity can be judged by:

Acid-Test (or Quick) ratio
Current ratio
Liquidity ratio
Debts ratio

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Engineering Economics
The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion.

5025000
5010000
5000000
5050000

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Engineering Economics
What is considered as the basic consuming or demanding unit of a commodity?

Buyer or consumer
Producer
Seller
Manufacturer

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Engineering Economics
What refers to the saving which takes place because goods are not available for consumption rather than consumer really want to save?

Forced saving
Consumer saving
All of these
Compulsory saving

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MORE MCQ ON Engineering Economics

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