Engineering Economics What refers to the present worth of the probable future net earnings? Total fair value Earning value Going concern value Total market value Total fair value Earning value Going concern value Total market value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction or fall of the value of an asset due to constant use and passage of time? Inflation Deflation Depletion Depreciation Inflation Deflation Depletion Depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Probabilistic estimating of a construction project includes: Labour Wage scale Productivity All of these Labour Wage scale Productivity All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method. 8 years 10 years 7 eyars 9 years 8 years 10 years 7 eyars 9 years ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the need, want or desire for a product backed by the money to purchase it? Good Product Demand Supply Good Product Demand Supply ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal? Simple interest Effective rate of interest Nominal rate of interest Compound interest Simple interest Effective rate of interest Nominal rate of interest Compound interest ANSWER DOWNLOAD EXAMIANS APP
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