Engineering Economics What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn? Yield Time value of money Present worth factor Interest rate Yield Time value of money Present worth factor Interest rate ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is used to record historical financial transactions? Bookkeeping system General journal system Ledger system Balance check Bookkeeping system General journal system Ledger system Balance check ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What are the two classifications of goods and services? Raw and finished Ready-made and made-to-order Consumer and producer Local and imported Raw and finished Ready-made and made-to-order Consumer and producer Local and imported ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the change in cost per unit variable change called? Fixed cost Variable cost Incremental cost Supplemental cost Fixed cost Variable cost Incremental cost Supplemental cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to a document that shows proof of legal ownership of a financial security? Bank note Coupon Bond Check Bank note Coupon Bond Check ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the term for an annuity with a fixed time span? Annuity due Annuity certain Ordinary annuity Perpetuity Annuity due Annuity certain Ordinary annuity Perpetuity ANSWER DOWNLOAD EXAMIANS APP