Engineering Economics What type of depreciation is due to the reduction in the demand for the function that the equipment or asset was designed to render? Demand depreciation Design depreciation Physical depreciation Functional depreciation Demand depreciation Design depreciation Physical depreciation Functional depreciation 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? Compound interest Nominal rate of interest Simple interest Effective rate of interest Compound interest Nominal rate of interest Simple interest Effective rate of interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the exchange mechanism that brings together the sellers and the buyers of a product, factor of production or financial security? Mall Market Store Office Mall Market Store Office ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What are the common methods of computing depletion charge? Unit method and percentage method Rational method and irrational method Conservative method and conventional method Discrete method and depletion allowance method Unit method and percentage method Rational method and irrational method Conservative method and conventional method Discrete method and depletion allowance method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In what method of computing depreciation where it assumes that the annual cost of depreciation is a fixed percentage of the book value at the beginning of the year? Sum-of-year digit method Declining balance method Sinking fund method Straight line method Sum-of-year digit method Declining balance method Sinking fund method Straight line method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Capitalized cost of any structure or property is computed by which formula? Annual cost – interest of first cost First cost + salvage value First cost + cost of perpetual maintenance First cost + interest of first cost Annual cost – interest of first cost First cost + salvage value First cost + cost of perpetual maintenance First cost + interest of first cost ANSWER DOWNLOAD EXAMIANS APP
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