Engineering Economics What refers to the goods and services that are desired by human and will be acquired only after all the needs have been satisfied? Necessity Consumer products Producer products Luxury Necessity Consumer products Producer products Luxury ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In what method of computing depreciation where it assumes that the loss in value is directly proportional to the age of the equipment or asset? Sum-of-year digit method Straight line method Declining balance method Sinking fund method Sum-of-year digit method Straight line method Declining balance method Sinking fund method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ______. Enterprise Cooperative Partnership Corporation Enterprise Cooperative Partnership Corporation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount? 0.04 0.0367 0.0425 0.0415 0.04 0.0367 0.0425 0.0415 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Each financial ratio is generally compared by A ratio developed by using the projected financial statement of the firm A ratio of some selected firms most progressive and successful at the point of consideration A past ratio calculated from the past financial standard of the firm All of these A ratio developed by using the projected financial statement of the firm A ratio of some selected firms most progressive and successful at the point of consideration A past ratio calculated from the past financial standard of the firm All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is used to record historical financial transactions? General journal system Ledger system Bookkeeping system Balance check General journal system Ledger system Bookkeeping system Balance check ANSWER DOWNLOAD EXAMIANS APP
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