Engineering Economics Which of these gives the lowest effective rate of interest? 11.90 % compounded annually 12.20 % compounded annually 12.35 % compounded annually 11.60 % compounded annually 11.90 % compounded annually 12.20 % compounded annually 12.35 % compounded annually 11.60 % compounded annually ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The interest calculated on the basis of 365 days a year, is known as: Interest Exact simple interest Ordinary simple interest None of these Interest Exact simple interest Ordinary simple interest None of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the basic accounting equation? Assets = liability + owner’s equity Owner’s equity = assets + liability Liability = assets + owners’ equity Owner’s equity = liability – assets Assets = liability + owner’s equity Owner’s equity = assets + liability Liability = assets + owners’ equity Owner’s equity = liability – assets ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a secondary book of accounts, the information of which is obtained from the journal is called? Trial balance Worksheet Balanced sheet Ledger Trial balance Worksheet Balanced sheet Ledger ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ______. Enterprise Partnership Corporation Cooperative Enterprise Partnership Corporation Cooperative ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Salvage value is sometimes known as ______. Junk value Going value Second-hand value Scrap value Junk value Going value Second-hand value Scrap value ANSWER DOWNLOAD EXAMIANS APP
EXAMIANS