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Engineering Economics

Engineering Economics
What refers to the need, want or desire for a product backed by the money to purchase it?

Supply
Good
Product
Demand

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Engineering Economics
The estimate based on a detailed quantity survey and furnishes the most accurate and reliable estimate possible is known as

Definitive estimate
None of these
Conceptual estimate
Probabilistic estimate

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Engineering Economics
Current assets less inventories divided by current liabilities is known as

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

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Engineering Economics
What is the basic accounting equation?

Liability = assets + owners’ equity
Assets = liability + owner’s equity
Owner’s equity = liability – assets
Owner’s equity = assets + liability

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Engineering Economics
Double taxation is a disadvantage of which business organization?

Sole proprietorship
Corporation
Enterprise
Partnership

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Engineering Economics
The product of CAF (S P) and PWF (S P) is:

43832
43834
43833
1

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