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? Physical depreciation Functional depreciation Demand depreciation Design depreciation Physical depreciation Functional depreciation Demand depreciation Design depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A construction estimate is used To decide an approximation of the value of the project and not the exact cost None of these To produce a statement of the approximate cost To judge tentatively or approximate value of the project To decide an approximation of the value of the project and not the exact cost None of these To produce a statement of the approximate cost To judge tentatively or approximate value of the project ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the correct reason for making conceptual (or preliminary) estimate from the following: To have a check on a definitive cost estimate To check quotations from contractors and/or sub-contractors All of these To compute target estimate for the owner while drawing and specifications are in initial stage To have a check on a definitive cost estimate To check quotations from contractors and/or sub-contractors All of these To compute target estimate for the owner while drawing and specifications are in initial stage ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the goods and services that are required to support human life, needs and activities? Consumer products Necessity Producer products Luxury Consumer products Necessity Producer products Luxury ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Capitalized cost of a project is also known as ______. Life cycle cost Project cost Infinite cost Life cost Life cycle cost Project cost Infinite cost Life cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics An asset is purchased for P 9,000.00. Its estimated economic life is 10 years after which it will be sold for P 1,000.00. Find the depreciation in the first three years using sum-of-years digit method P 3,927.27 P 3,792.72 P 3,729.27 P 3,279.27 P 3,927.27 P 3,792.72 P 3,729.27 P 3,279.27 ANSWER DOWNLOAD EXAMIANS APP
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