Engineering Economics What refers to the need, want or desire for a product backed by the money to purchase it? Good Demand Product Supply Good Demand Product Supply ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “acid-test ratio”? Quick ratio Profit margin ratio Price-earnings ratio Current ratio Quick ratio Profit margin ratio Price-earnings ratio Current ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the main purpose of project cost control from the following: To provide a feed back to the estimator All of these To promote cost consciousness To signal immediate warning of uneconomic operations To provide a feed back to the estimator All of these To promote cost consciousness To signal immediate warning of uneconomic operations ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The sunk costs include: All of these A past expenditure An invested capital that cannot be retrieved An unrecovered balance All of these A past expenditure An invested capital that cannot be retrieved An unrecovered balance ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a stock of a product which is held by a trade body or government as a means of regulating the price of that product? Stock pile Buffer stock Hoard stock Withheld stock Stock pile Buffer stock Hoard stock Withheld stock ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to an imaginary cost representing what will not be received if a particular strategy is rejected? Null cost Opportunity cost Horizon cost Ghost cost Null cost Opportunity cost Horizon cost Ghost cost ANSWER DOWNLOAD EXAMIANS APP