Engineering Economics Which one of the following questions is relevant to the construction estimates? Did the estimators use short cut methods which may be unrealistic in their situation Did the estimators precisely evaluate site conditions How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost All of these Did the estimators use short cut methods which may be unrealistic in their situation Did the estimators precisely evaluate site conditions How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The key to profitable operation for project cost control, is: None of these To keep the project cost within the cost budget and knowing when and where job costs are deviating To keep the project cost equal to original cost estimate To keep the project cost equal to subsequent construction budget None of these To keep the project cost within the cost budget and knowing when and where job costs are deviating To keep the project cost equal to original cost estimate To keep the project cost equal to subsequent construction budget ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities. Partnership Corporation Sole proprietorship Entrepreneurship Partnership Corporation Sole proprietorship Entrepreneurship ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn? Yield Interest rate Present worth factor Time value of money Yield Interest rate Present worth factor Time value of money ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a stock of a product which is held by a trade body or government as a means of regulating the price of that product? Withheld stock Buffer stock Hoard stock Stock pile Withheld stock Buffer stock Hoard stock Stock pile ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A young engineer borrowed P 10,000 at 12% interest and paid P 2,000 per annum for the last 4 years. What does he have to pay at the end of the fifth year in order to pay off his loan? P 6,922.93 P 6,999.39 P 6,292.93 P 6,222.39 P 6,922.93 P 6,999.39 P 6,292.93 P 6,222.39 ANSWER DOWNLOAD EXAMIANS APP
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