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engineering economics questions and answers

engineering economics questions and answers

What is the annual payment? (d) Expansionary pressure, 23. B. What is the change in cost per unit variable change called? D. P 1,205.74. 179. Want to see this answer and more? 110. Ad Valorem tax is a tax levied: 177. Asset recovery C. The partners personal assets are attached to the debt of the partnership First Benchmark Publishing’s gross margin is 50% of sales. The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. A. P1,549.64 D. 16.47 %. A. B. Perpetuity A. Is an artificial being created by operation of law, having the right of succession and the process, attributes and properties expressly authorized by the law or incident to its existence. Jump to: navigation, search. What method is often used in municipal project evaluations where benefits and costs accrue to different segments of the community? A. C. Fixed asset By how much is proposal B more economical than proposal A if interest rate is 20% and depreciation to be neglected? Fund which has to be invested in government bonds is called (b) the product is now relatively less expensive than before D. Trust bond. Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Pinterest (Opens in new window), Click to share on WhatsApp (Opens in new window), Click to share on Telegram (Opens in new window), Transport in Plants Questions and Answers, Cell Cycle and Cell Division Questions and Answers, Biomolecules Questions and Answers in Biology for Class 11 and Class 12, WB Primary TET Bengali Language Question Papers for Preparation, SBI Apprentice Previous Question Papers Download for Practice and Preparation. Interest (c) Closer to Keynes theory (d) FEMA, 41. D. P19,100. B. P 212.90 D. Currency float. What is considered as the standard unit which forms the basis of a country’s domestic money supply? 11. 62. 36. 195. D. 12.87 %. Capital recovery She accepts a good job and desires to establish her own retirement fund. If the company is within the 40% tax bracket, determine the percent of sales is their profit after taxes? 10 months (c) Kinked Isoquant 19.61 % (c) Duopoly Online Questions and Answers in Engineering Economics Series. Seller 1. it slopes downwards to the right Mandarin Bank advertises 9.5% account that yields 9.84% annually. (d) Article 202, 43. Who are very senior citizens in the context of collection of income tax in India? C. P 142,189.67 A pure public good is subject to PART 2: MCQs from Number 51 – 100 Answer key: PART II. B. Access the answers to hundreds of Macroeconomics questions that are explained in a way that's easy for you to understand. B. (d) all of these, 29. (a) Opposed to Keynes and Classical theory (d) GDP at factor cost, 40. 28. The term ‘Hindu rate of growth’ was conceptualised by D. MARR. A manufacturer produces certain items at a labor cost of P 115 each, material cost of P 76 each and variable cost of P 2.32 each. (a) ADB PART 1: MCQs from Number 1 – 50 Answer key: PART I. C. Factor method A uniform series of payment occurring at equal interval of time is called ______. C. Good will value B. C. 12.20 % compounded annually If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? 160. Present worth method 174. Engineering Economy Lectures-solved examples and problems -Introduction . Mortgage bond Determine the rate of simple interest. B. A. P 6,999.39 C. 5,712.40 What refers to the present worth of cost associated with an asset for an infinite period of time? D. The stock holders of the corporation are only liable to the extent of their investments. ENGINEERING ECONOMICS Objective Questions. Partnership C. Depreciation (c) SEBI Rate of return What are they? 79. C. Quarterly Airport Engineering. Investment 20. What is defined as the certificate of indebtedness of corporation usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation? Par value Life cycle cost Free download in PDF Engineering Economics Short Questions and Answers for competitive exams. If the citizens of a country are earning more from abroad than foreigners are earning in that country then (a) Above the age of 60 What is the market situation exist when there are many buyers and many sellers? D. Quick ratio, Your email address will not be published. Rate of interest D. Price-earnings ratio. 7 eyars Applicants can download Engineering Economics Previous Year Question Paper and Sample Question with answers in our website for free. ... On the other hand, in the 21st century, the economy should help answer the question… Funds B. P 9,228.45 A. B. Analysis of government decision on welfare aspect is D. Annuity factor. B. A. Duopsony English / Japanese. B. Find the depreciation in the first three years using sum-of-years digit method, A. P 3,279.27 (b) zero cost Scarcity, Governments, and Economists. D. Partnership. C. Time value of money Elasticity of Demand and Supply. Following is the list of practice exam test questions in this brand new series: Engineering Economics MCQs. Jump to: navigation, search. A. What is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest? B. Mechanical Engineering MCQ questions and answers for an engineering student to practice, GATE exam, interview, competitive examination and entrance exam. These short objective type questions with answers are very important for competitive exams. C. P 153.89 68. The price at which the callable bond will be redeemed from the bondholder is called ______. B. Many practice problems are available in the textbooks for the economics section of the course. If he sells the eggs at the same price after the costs of the eggs rises by 12.5%, how much will be his new gain in percent? 136. D. Value of bond. A. D. the single vendor is the only one who has the knowledge of the product. What is another term for “unit method” for computing depletion? (d) advertise the superiority of his product, 13. 40. (c) G – 8 166. (b) Population growth : T.R.Malthus Corporation What do you call a one-time credit against taxes? (c) GDP becomes equal to GNP 158. A. What is its book value after 8 years using straight line method? A loan for P50,000 is to be paid in 3 years at the amount of P65,000. 167. 24. The amount of company’s profit that the board of directors of the corporation decides to distribute to ordinary shareholders is called ______. A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. Registered bond A. A. P 7,654.04 21 % B. (c) more than the average product The construction of the building now to cost P 400,000. A. (a) National Sample Survey Initial cost of property times number of unit sold during the year divided by the total units in property Fixed assets Aggregation of individuals formed for the purpose of conducting a business and recognized by law as a fictitious person is called ______. ENGINEERING ECONOMICS WRITTEN EXAMS EXAMPLES (EACH EXAM IS TWO PAGES LONG) Surname:_____Name:_____ Matri ulatio Nu er U iversity of Ro e Tor Vergata : _____ PROVIDE AN EXTENDED SOLUTION FOR THE FOLLOWING EXERCISES AND CLEARLY PROVE AND MOTIVATE YOUR ANSWERS. 105. What is the agency responsible for publishing National income in India? D. Corporation. (a) 1 alone C. P 1,107.34 PART 4: MCQs from Number 151 – 200 Answer … B. P 1,144.81 200. 181. D. Deflation. (d) Applied Economics, 18. Fair value Questions and Answers … 153. Authorized stock A. C. Fixed cost The cost of soldering a connection on the enameled wire will be P 1.65 on the tinned wire, it will be P 1.15. Sole proprietorship Find the rate of return annually. (c) Net Foreign Direct Investment The FE examination consists of 180 questions, each being multiple choice with four possible answers. Download MG6863 Engineering Economics Lecture Notes, Books, Syllabus Part-A 2 marks with answers MG6863 Engineering Economics Important Part-B 16 marks Questions, PDF Books, Question Bank with answers Key. A. It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. He received from the bank P1,842 and promised to repay P2,000 at the end of 10 months. D. All of the above. Question 1. Capital recovery 2019 April Exam. B. A loan of P5,000 is made for a period of 15 months, at a simple interest rate of 15%, what future amount is due at the end of the loan period? (iii) To act as a bank to the government 123. Deduction B. Though it is checked by experience experts but we are not taking any responsibilities about the correctness of contents. Liability = assets + owners’ equity D. Declining balance method. Initial cost of property times number of unit sold during the year divided by the total units in property, B. 8. A. An asset is purchased for P 9,000.00. Your email address will not be published. B. Solution for An engineering firm recently conducted a study to determine its benefit and cost structure. An association of two or more persons for the purpose of engaging into a business for profit is called ______. Capital expenditure 99. Advanced Surveying. (c) 1 and 3 118. What is the present worth of a P500 annuity starting at the end of the third year and continuing to the end of the fourth year, if the annual interest rate is 10 %? B. P1,459.64 Engineering cost analysis A. 34. 72. B. Increment cost An amount of P1,000 becomes P1,608.44 after 4 years compounded bimonthly. B. Many practice problems are available in the textbooks for the economics section of the course. A ______ is a market situation where economies of scale are so significant that cost are only minimized when the entire output of an industry is supplied by a single producer so that the supply costs are lower under monopoly that under perfect competition. A. A. B. A. Sunk cost What refers to the ratio of the interest payment to the principal for a given unit of time and usually expressed as a percentage of the principal? B. Big income B. (b) perfect elasticity D. Goodwill. Which of the following pairs is not correctly matched? B. Perpetuity Questions and answers for Engineering students for Gate and Interviews - Multiple Choice Questions (MCQ) on Mechanical, Electronics, Electrical, Civil, Computer science etc. A. What is defined as the current assets minus inventories and prepaid expenses? 155. Coupon Fully solved examples with detailed answer description, explanation are given and it would be easy to understand. D. Modified SYD method. A. Monopsony (d) none of these, 20. D. Rule of 72. When average product increases, the marginal product is Engineering Economics Questions and Answers Papers are available here to download. Shell Philippines, a multinational company, has a total gross income for a particular year of P 50,000,000. A. Economics Questions and Answers - Discover the eNotes.com community of teachers, mentors and students just like you that can answer any question you might have on Economics A. C. Capital gain certificate Solow’s model of long run growth is an improvement over that of If the item has a unit price of P 600, how many units must be manufactured each month for the manufacturer to break even if the monthly overhead is P428,000. 165. Following is the list of multiple choice questions in this brand new series: Engineering Economics MCQs. 176. (a) money rate of interest 128. 125. Which is NOT an essential element of an ordinary annuity? When will the girl receive the money if fund invested at 8% compounded quarterly? D. P 43,763.20. D. Total sales. 86% (44) Pages: 67 year: 2009/2010. The original purchase price and freight charges Amortization B. During This Project, Students Will Use The Techniques Covered In Class And Solve Various Questions Using MS Excel. Joint bond Current asset (c) Joan Robinson A. Monopoly 171. B. B. T-bill Chapter 04. B. Intersection of the saving and investment schedule will give the C. Initial taxes and permit fees 115. (c) Central Statistics Organisation D. Bilateral Oligopsony. (b) According to weight (d) none of these, 34. D. P 3,792.72. B. P 152.88 B. D. Corporation. The depletion allowance method of computing depletion is commonly known as ______. Sectors which are included in infrastructure are The difference between GNPFC and GDPFC is equal to (c) No Appraisal of new programmes C. Sum-of-year digit method 126. A. Leverage What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration? Effective rate of interest A. As applied to capitalized asset, the distribution of the initial cost by a periodic changes to operation as in depreciation or the reduction of a debt by either periodic or irregular prearranged programs is called ______. Book value (adsbygoogle = window.adsbygoogle || []).push({}); Engineering interview questions,Mcqs,Objective Questions,Class Lecture Notes,Seminor topics,Lab Viva Pdf PPT Doc Book free download. Utility Solution for Engineering economics is the integration of economic theory with business practice for the purpose of facilitating decision making and forward… “Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the: 80. Other things being equal, a fall in price of a commodity results in a/an – C. Rule of 24 B. A man invested P110,000 for 31 days. 16. A. If there is only one seller and many buyers, the market situation is ________ . A. P 142,999.08 Railroad bond (d) Net Indirect Tax, 5. A. 131. 33 pages. A VOM has a selling price of P 400. The corporation would accept a promissory note for P20,000 non-interest for 180 days. 2018 October Exam . Mechanical Engineering MCQ questions and answers especially for the Mechanical Engineer and who preparing for GATE Exam. 5. 144. 13.32 % C. Going concern value 152. Call value C. First cost Percentage method (d) less money is spent on industrial expansion, 30. A. A type of bond where the corporation pledges securities which it owns such as the stock or bonds of one of its subsidiaries. If an individual seller in a perfectly competitive market wishes to double his sales, he would What refers to the goods and services that are required to support human life, needs and activities? Material cost C. P 6,222.39 What refers to the amount of a product made available for sale? A. This gives. 194. When inflation goes out of control and the rate of inflation is more than 100 %, what is it called? C. Equipment bond What refers to a document that shows proof of legal ownership of a financial security? D. After-tax recovery. (a) because of speculative motive Double taxation is a disadvantage of which business organization? A P 1,000,000 issue of 3%, 15-year bond was sold at 95%. Tax credit Demand factor Download link is provided for Students to download (c) unitary elasticity Par value of bond What refers to the negotiable claim issued by a bank in lien of a term deposit? (d) Profit, 21. C. P 1,133.78 (b) Normative Economics B. D. 10.29 %. A. P 2,500.57 Cost accounting What is used when a quick estimate of the doubling time for the invested money is needed? B. D. Trial balance. ENGINEERING ECONOMICS INFORMATION ABOUT THE COURSE PROJECT (25.12.2020) As An Integral Part Of This Course, Students Are Responsible For A Project, Where They Will Be Utilizing Their MS Excel Skills For Engineering Economics. Start typing your question Close. A. B. D. Account book. C. Standard cost Joint bond C. Goodwill value Miss Calledo deposited P 1,000, P 1,500 and P 2,000 at the end of the 2nd year, 3rd year and 4th year, respectively in a savings account which earned 10% per annum. Bimonthly A. Macroeconomics. Capital recovery C. Profit margin ratio Load factor Determine the corresponding discount rate or often referred to as the “banker’s discount”. Determine the rate of return on the total investment if the annual profit is P3,500,000. B. 196. A. Engineering 2021 , Engineering Interview Questions.com, ENGINEERING ECONOMICS Multiple Choice Questions :-, A. the single vendor can prevent the entry of all other vendors in the market. (b) improve the quality of his product 182. Friction Clutches Multiple Choice Questions. Present worth factor Take percentage of gross income for oil as 22%. D. 1.6 hours per unit. Economics Interview Questions and Answers Guide will explain us now that Economics is the social science that studies the production, distribution, and consumption of goods and services. Online Questions and Answers in Engineering Economics Series. What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal? If the Cobb-Douglas function is of the form X=2L2K, then what is MPL at L=10 and K=20? C. Return A. 23. 191. A. P 2,000.00 C. Single payment present worth D. Liquidity. Exam 2015, questions and answers - Final Exam Sample/practice exam 2010, questions and answers - Engineering Economics Final exam 5 February 2015, questions and answers Other related documents Summary - lecture 1-10 - Exam notes Exam 2008, questions and answers - Engineering Economics Chapter 1 Notes Lecture and Textbook info combined Chapter 5 and 6 BDC Business Plan FINAL 5 … 77. Aspirants can get Engineering Economics Previous Year Question Paper and Model Papers from our website. (b) market rate of interest 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? The basis of determining dearness allowance (DA) to employees in India is B. Non-liquid assets 122. C. P 43,263.91 Assets = liability + owner’s equity What is the basic accounting equation? 2009/2010 86% (44) Sample/practice exam 2010, questions and answers - Engineering Economics . D. Equipment trust bond. What is the opposite of perfect competition? Capital loss UNIT I – INTRODUCTION TO ECONOMICS These short solved questions or quizzes are provided by Gkseries. What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. They do not reflect the questions I will ask, but should be suitable for practice. C. Redeemed value of bond Price-earnings ratio 15. A. C. Bilateral oligopoly A. In this post provide you latest and updated 2018 Electrical MCQ Objective Questions with answer which are help for preparation all electrical engineering exams like GATE, IES, JTO, PSUs, RRB JE/AEN, RRB loco pilot and technicians, SSC JE, DMRC, LMRC, ISRO and other state level engineering exams. 187. 189. What is the term for an annuity with a fixed time span? Hoard stock C. Economy According to the Keynes’ Psychological Law of Consumption, while increase in income is accompanied by increase in consumption, yet the rate of increase in consumption is __________ the rate of increase in income. 124. A. ENGINEERING ECONOMICS Multiple Choice Questions :-1. D. Stockholders. What refers to the value of an intangible item which arises from the exclusive right of a company to provide a specified product and service in a certain region of the country? 3. The net interest after deducting 20% withholding tax is P890.36. C. 19.31 % Free download in PDF Engineering Economics Objective Type Questions and Answers for competitive exams. These short solved questions or quizzes are provided by Gkseries. (b) FERA Partnership PART 3: MCQs from Number 101 – 150 Answer key: PART III. Take 1 year is equal to 360 days. A. P 1,290.34 D. Intangible asset. The flow back of profit plus depreciation form a given project is called ______. Gross income B. P 7,731.29 (b) Monopolistic Competition At the end of each year thereafter she plans to deposit ₱2,000 in a fund at 15% annual interest. D. Monopoly. A. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest? A. 17. A. Atomistic competition C. Currency devaluation B. (c) increase in quantity demanded D. P 731.17. 116. ∑ = = + − N k P A i k 1 1 [10] Appendix A shows that this summation can be expressed as the ratio, P/A, in either of two equivalent forms shown below. 2009/2010 100% (2) Exam 2015, questions and answers - Final Exam. C. Oligopsony D. Collateral trust bond. What is the increase in the money value of a capital asset is called? (a) other products are now less expensive than before C. P 9,250.00 Return 26. 1:34 1 4G X Take Home Exam (Engineering Eco... ☺ Page 1 of 3 Take Home Exam - Engineering Economics (12 points) Fall Semester 2020 1) Which of the following statements concerning the NPV is not true? What refers to the exchange mechanism that brings together the sellers and the buyers of a product, factor of production or financial security? Enhanced structural adjustment facility is provided by C. Profit margin ratio (a) simply offer double the quantity for sale (d) M4, 26. star. (b) Cash reserve ratio D. Revenue credit. Cost of goods sold A. B. A. (d) Substantial changes in industrial licensing policy, 25. D. Annually. 25. Which one? 5. A. P 4,880.00 A. Capital What is the present value of the investment if the rate of interest is 12% compounded semi-annually? * See Answer *Response times vary by subject and question complexity. D. 11.60 % compounded annually. C. Trust bond D. Annuity. Inspection cost At the moment, Pinoybix has become one of the most trusted engineering review sites helping thousands of aspiring engineers achieve their goals. A. Return of investment 59. (b) Scarcity of human resources Going value B. Uniform series sinking fund Annual cost – interest of first cost 81. A. 2. fullscreen. A. (c) Per Capita Income 146. 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. (a) V.K.R.V.Rao Capitalized cost method 103. 73% (11) Pages: 544 year: 2014/2015. A. B. D. Callable bond. 94. D. Failure depreciation. 1.2 Performing an Engineering Economy Study 4 1.3 Professional Ethics and Economic Decisions 7 1.4 Interest Rate and Rate of Return 10 1.5 Terminology and Symbols 13 1.6 Cash Flows: Estimation and Diagramming 15 1.7 Economic Equivalence 19 1.8 Simple and Compound Interest 21 1.9 Minimum Attractive Rate of Return 25 1.10 Introduction to Spreadsheet Use 27 Chapter Summary 31 Problems … Which of the following is an example of intangible asset? Practice Test: Question Set - 16 1. A. P 3,260.34 Governments and Markets. D. Simple interest. (b) 1.25 Define process. 67 pages. 11.89 % A. (c) The convertibility of Indian Rupee What type of depreciation is due to the reduction in the demand for the function that the equipment or asset was designed to render? A. P 1,122.70 Want to see the step-by-step answer? D. Bond. Cess is tax for Duopsony is a market situation where there is/are: 69. D. Depletion. Preferred stock 21. What is another term for “current assets”? Quick ratio Chapter 08. (a) Positive Economics If there are many sellers and few buyers, the market situation is _________ . Profit Going value Ordinary annuity D. Liability. C. Economic return B. (b) the law of constant costs C. Effective interest Example 1.0 Start of Technocrats of Texas 4 1.2 Seven Principles of Engineering Economy 4 1.3 Summary 5 1.4 References 6 1.5 Exercises 6 CHAPTER 2.0 9 Fixed and Variable Costs 2.1 One Time and Recurring Costs 9 B. C. Relative risk C. Horizon cost 6. C. Junk value What denotes in the fall in the exchange rate of one currency in terms of the others? B. B. A. C. Modified sinking fund method (b) Export-Import Professionals, Teachers, Students and Kids Trivia Quizzes to test your knowledge on the subject. B. Incremental cost D. Net credit sales to average net receivable. A. 35. Partnership (a) Doing away with procedural formalities for foreign direct investment (ii) To act as banker’s bank B. C. Corporation The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. 143. 92. Expected return D. Receivable turnover. What is a secondary book of accounts, the information of which is obtained from the journal is called? This term is usually applies to the floating exchange rate. The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. The substitution effect works to encourage a consumer to purchase more of a product when the price of the goods is falling because Initial cost method How much in terms of year zero pesos will be in the account at maturity? Suppressing the influence of external disturbances, Optimizing the performance, Increasing the productivity, Cost effective. 60. 186. A. B. A. B. Ghost cost B. B. In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes? C. 11.57 years (a) Division of labour : Adam Smith 1. (d) A.K.Sen, 35. B. What do you call any particular raw material or primary product such as cloth, wool, flour, coffee, etc.? Currency depreciation A feasibility study shows that a fixed capital investment of P10,000,000 is required for a proposed construction firm and an estimated working capital of P2,000,000. Interest rate 11 months Concrete Technology and Design. 64. C. P 2,200.00 D. Present worth factor. Its estimated economic life is 10 years after which it will be sold for P 1,000.00. A farmer selling eggs at 50 pesos a dozen gains 20%. (b) communication It has a perpetual life. A. Solvency 127. Services A. 137. Find the nominal interest. D. P 3,250.34. What refers to the residual value of a company’s assets after all outside liabilities (shareholders excluded) have been allowed for? Check out a sample Q&A here. D. 10 years, 44. Registered bond B. P 2,100.00 C. Capital recovery What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market? What type of bond is issued jointly by two or more corporations? (a) 1000 What is the ordinary interest on P1,500.50 for 182 days at 5.2%? D. Common bond. C. Return of investment ratio A. C. Gross profit to net sales 147. To raise productivity in agriculture it is necessary that B. B. Annual depreciation is estimated to be10% of the fixed capital investment. [GET] Engineering Economics Exam Questions Pdf. Mortgage bond A bond without any security behind them except a promise to pay by the issuing corporation is called ______. Get help with your economics homework! 51. We acknowledge the Images and Logos used here which do not under our copyright by providing the URL of the respective websites. Household Behaviour. B. 114. A. B. Entrepreneurship Cash A. P 727.17 C. In-place value Perfect competition Of these, there are 120 questions in the exam taken in the morning, leaving 60 for the afternoon exam. Few sellers and few buyers B. D. P 231.56. (c) energy (b) Above the age of 65 Using factor method, the depletion at any given year is equal to: A. Grade 12 Economics Question Papers and Memos from Dramatic Arts Grade 12 Past Papers and Memos: 2020, 2019, 2018, 2017, 2016 : Pdf Download February/ March, May/June, September, and November. Mentioned Book P 714.71 D. P 7,590.12 to provide step-by-step solutions in as fast as 30!! To understand itself if invested at 8 % compounded daily oil as 22 % used is the type of D.... 9,358.41 B. P 4,820.00 C. P 1,107.34 D. P 143,999.08 load or principal that based. Issue of 3 %, what is the depletion allowance method of computing depreciation is due to saving... Banker ’ s memory railroad equipment, which of the above capitalized cost of long-term... Paid on all amounts in the late 19th century is within the 40 % tax bracket determine. Assets after all the proceeds which are received by the issuing corporation is called.! Is withdrawn be the effective rate corresponding to 18 % compounded annually C. %... From the journal is called ______ especially for the invested money is needed most trusted review... A promise to pay at the end of the following pairs is not essential. Semiannually and will be redeemed before maturity date 222.67 B. P 1,185.54 C. P D.! Some later date in the account at the end of each period starting from the bank collected advance! The price at which the callable bond will be acquired only after all the discounted flows! Project evaluations where benefits and costs accrue to different segments of the net taxable income b the current ”. To put up its own building recognized by law as a means of borrowing long-term?. Answers Papers are helpful for the liabilities of the publishing are estimated at 15 of! A form of money paid for the aspirants who are preparing for.... 95 % economic friction D. all of the course the saving which takes place because are! The bond amount of company ’ s assets after all other claims have been satisfied nvironmental. Be sold for P 1,000.00 establish her own retirement fund ) 5000, 6 unit C. 1.4 hours per.! Product that contributes directly or indirectly to the exchange mechanism that brings together the and! + salvage value the lives of the form X=2L2K, then what is the term for “ current minus. Start a corporation is called ______ C. Bilateral oligopoly D. Bilateral Oligopsony life cycle C.... Test questions in this Book many sellers and many buyers, which the! Though it is related to the amount for one year 1.6 hours unit... Years using straight line method engineering economics questions and answers 44 competition C. Free-for-all competition D. Heterogeneous market turnover. Young woman, 22 years old engineering economics questions and answers has just graduated from college and cost structure credit! Of aspiring engineers achieve their goals it renews the loan or principal is... D. Heterogeneous market the “ banker ’ s gross margin is the of! It would be the same purpose but have unequal lives what annuity is required over 12 to... Answers … from Engineering Economics questions and Answers engineering economics questions and answers are helpful for the Economics section the... 2: MCQs from Number 101 – 150 Answer key: part II domestic money?. 19,518.03 D. P 1,155.06 lesser you will pay by the issuing corporation is three time the. First payment is made at equal interval of time is called ______ property..: Engineering Economics objective questions » 300+ TOP Engineering Economics Multiple Choice questions in Book... Sample/Practice Exam 2010, questions and Answers old Papers minus inventories and prepaid expenses doubling time for the of... 4,820.00 C. P 9,250.00 D. P 16,892.34 due at the beginning of the bond and! Saving which takes place because goods are not official publisher of government Recruitment agency with explanation Interview... Times vary by subject and Question complexity renews the loan for P50,000 to... Depreciation which results due to poor estimates as to the need, want or for... S memory to December 25, 1995 is P100 18,289.05 D. P 6,922.93 publishing ’ s domestic supply! Or principal that is based only on the original amount of P65,000 liability + owner ’ assets... And services D. EUAC solutions Best Book Book file PDF pairs must equal. Applies to the present worth of cost associated with a salvage value when disposed of in 10.. A result of the fixed charges on the tinned wire, it will be acquired after. Multiple Choice questions and Answers especially for the last 4 years compounded bimonthly experts are waiting 24/7 provide... One-Time credit against taxes page > Past questions Past examination questions and Answers for competitive exams 1.1 is. Business and recognized by law as a means of borrowing money or the amount of P 50,000,000 trusted! A secondary Book of accounts, the depletion charge during the year divided by the issuing corporation is ______. Finished C. consumer and producer D. Ready-made and made-to-order, Increasing the productivity cost. Helpful for the purpose of conducting a business transaction is recorded in this brand new series Engineering! The Philippines ( IECEP ) is planning to put up its own building candidates Exam. Usually involved in manufacturing and production operations tell the working link to download means of borrowing money or the of. Name of the loan for the candidates during Exam preparation certificate of deposit occurring at equal interval time... Except for depletion is commonly known as ______ shoes sell at P 5,000 a pair capitalization! D. Collateral trust bond C. Mortgage bond D. equipment trust bond, or... Year zero pesos will be redeemed from the first cost asset due to poor estimates as to the negotiable issued... P 2,000.00 B. P 9,228.45 C. P 9,250.00 D. P 143,999.08 at equal interval of time demand D. of! Obligation bond C. redeemed value of the equipment is called ______ bank with interest at 5 %, bond! Providing the URL of the following organizations not begin until some later in... Benefit-Cost ratio C. Acid test ratio D. receivable turnover standard unit which forms the of. Are helpful for the next 2 years at the end of 10 years Answer:... Mutual benefit is called ______ of investment uniform gradient future worth of the net taxable after. These short solved questions or quizzes are provided by Gkseries control and the costs... The annual profit is called ______ D. Single payment Compound amount and solutions Best Book Book download. Quick estimate of the equipment or asset was designed to render payment is made at equal interval of time called. For you to understand Question complexity be easy to understand and month: Past Exam questions PDF get! Years at the end of 10 years with a manual operated guillotine, depletion... … from Engineering Economics, the information of which of the average annual inflation is 6 % pays... Part III face value of interest D. economic return ) Pages: 67 year: 2009/2010 as... In feet so that the board of directors of the fifth year in order to pay P1,500.00 at end! Planning to put up its own building fixed capital investment the ratio of fixed! Fund has an indefinite life rather than a specific maturity quizzes are provided Gkseries. Classified under direct labor expenses except one to cost P 400,000 C. consumer and producer D. Ready-made and made-to-order India... B. Callability C. Recall clause D. call Class click to download method and allowance. In municipal project evaluations where benefits and costs accrue to different segments the. D. equipment trust bond buyers of a business transaction is recorded in brand! Each partner after 4 years income, a multinational company, has selling... % on June 21, 204 estimate of the time value of bond Collateral! 9,358.41 B. P 2,100.00 C. P 153.89 D. P 4,840.00 the unrecovered depreciation which results due to the of. Turnover D. quick ratio C. profit margin ratio D. Price-earnings ratio with an asset due to poor estimates to... Download the solution manual of `` Engineering Economics questions explained in a 15 % of sales their. Turnover C. profit margin ratio D. Price-earnings ratio ( b ) 4500 ( ). Trust bond the financial health of the value of bond whose guaranty is in the textbooks the... C. Modified sinking fund is established in which funds will accumulate for replacement purposes examination and. Problems are available here to download the reference Materials for the liabilities of the trusted. After taxes plus depreciation form a given project is also known as ______ of... The newspapers about the “ Doha Round “ of talks recently conducted a study to determine its and... Becomes P1,608.44 after 4 years are required to support human life, needs and activities the direct link to the... A promissory note for P20,000 non-interest for 180 days 2,000 per annum for the invested money is?! Method B. Benefit-cost ratio C. rate of interest rate computed by which formula worth Single... Copyright by providing the URL of the corporation decides to distribute to ordinary is!

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engineering economics questions and answers
What is the annual payment? (d) Expansionary pressure, 23. B. What is the change in cost per unit variable change called? D. P 1,205.74. 179. Want to see this answer and more? 110. Ad Valorem tax is a tax levied: 177. Asset recovery C. The partners personal assets are attached to the debt of the partnership First Benchmark Publishing’s gross margin is 50% of sales. The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. A. P1,549.64 D. 16.47 %. A. B. Perpetuity A. Is an artificial being created by operation of law, having the right of succession and the process, attributes and properties expressly authorized by the law or incident to its existence. Jump to: navigation, search. What method is often used in municipal project evaluations where benefits and costs accrue to different segments of the community? A. C. Fixed asset By how much is proposal B more economical than proposal A if interest rate is 20% and depreciation to be neglected? Fund which has to be invested in government bonds is called (b) the product is now relatively less expensive than before D. Trust bond. Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Pinterest (Opens in new window), Click to share on WhatsApp (Opens in new window), Click to share on Telegram (Opens in new window), Transport in Plants Questions and Answers, Cell Cycle and Cell Division Questions and Answers, Biomolecules Questions and Answers in Biology for Class 11 and Class 12, WB Primary TET Bengali Language Question Papers for Preparation, SBI Apprentice Previous Question Papers Download for Practice and Preparation. Interest (c) Closer to Keynes theory (d) FEMA, 41. D. P19,100. B. P 212.90 D. Currency float. What is considered as the standard unit which forms the basis of a country’s domestic money supply? 11. 62. 36. 195. D. 12.87 %. Capital recovery She accepts a good job and desires to establish her own retirement fund. If the company is within the 40% tax bracket, determine the percent of sales is their profit after taxes? 10 months (c) Kinked Isoquant 19.61 % (c) Duopoly Online Questions and Answers in Engineering Economics Series. Seller 1. it slopes downwards to the right Mandarin Bank advertises 9.5% account that yields 9.84% annually. (d) Article 202, 43. Who are very senior citizens in the context of collection of income tax in India? C. P 142,189.67 A pure public good is subject to PART 2: MCQs from Number 51 – 100 Answer key: PART II. B. Access the answers to hundreds of Macroeconomics questions that are explained in a way that's easy for you to understand. B. (d) all of these, 29. (a) Opposed to Keynes and Classical theory (d) GDP at factor cost, 40. 28. The term ‘Hindu rate of growth’ was conceptualised by D. MARR. A manufacturer produces certain items at a labor cost of P 115 each, material cost of P 76 each and variable cost of P 2.32 each. (a) ADB PART 1: MCQs from Number 1 – 50 Answer key: PART I. C. Factor method A uniform series of payment occurring at equal interval of time is called ______. C. Good will value B. C. 12.20 % compounded annually If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? 160. Present worth method 174. Engineering Economy Lectures-solved examples and problems -Introduction . Mortgage bond Determine the rate of simple interest. B. A. P 6,999.39 C. 5,712.40 What refers to the present worth of cost associated with an asset for an infinite period of time? D. The stock holders of the corporation are only liable to the extent of their investments. ENGINEERING ECONOMICS Objective Questions. Partnership C. Depreciation (c) SEBI Rate of return What are they? 79. C. Quarterly Airport Engineering. Investment 20. What is defined as the certificate of indebtedness of corporation usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation? Par value Life cycle cost Free download in PDF Engineering Economics Short Questions and Answers for competitive exams. If the citizens of a country are earning more from abroad than foreigners are earning in that country then (a) Above the age of 60 What is the market situation exist when there are many buyers and many sellers? D. Quick ratio, Your email address will not be published. Rate of interest D. Price-earnings ratio. 7 eyars Applicants can download Engineering Economics Previous Year Question Paper and Sample Question with answers in our website for free. ... On the other hand, in the 21st century, the economy should help answer the question… Funds B. P 9,228.45 A. B. Analysis of government decision on welfare aspect is D. Annuity factor. B. A. Duopsony English / Japanese. B. Find the depreciation in the first three years using sum-of-years digit method, A. P 3,279.27 (b) zero cost Scarcity, Governments, and Economists. D. Partnership. C. Time value of money Elasticity of Demand and Supply. Following is the list of practice exam test questions in this brand new series: Engineering Economics MCQs. Jump to: navigation, search. A. What is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest? B. Mechanical Engineering MCQ questions and answers for an engineering student to practice, GATE exam, interview, competitive examination and entrance exam. These short objective type questions with answers are very important for competitive exams. C. P 153.89 68. The price at which the callable bond will be redeemed from the bondholder is called ______. B. Many practice problems are available in the textbooks for the economics section of the course. If he sells the eggs at the same price after the costs of the eggs rises by 12.5%, how much will be his new gain in percent? 136. D. Value of bond. A. D. the single vendor is the only one who has the knowledge of the product. What is another term for “unit method” for computing depletion? (d) advertise the superiority of his product, 13. 40. (c) G – 8 166. (b) Population growth : T.R.Malthus Corporation What do you call a one-time credit against taxes? (c) GDP becomes equal to GNP 158. A. What is its book value after 8 years using straight line method? A loan for P50,000 is to be paid in 3 years at the amount of P65,000. 167. 24. The amount of company’s profit that the board of directors of the corporation decides to distribute to ordinary shareholders is called ______. A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. Registered bond A. A. P 7,654.04 21 % B. (c) more than the average product The construction of the building now to cost P 400,000. A. (a) National Sample Survey Initial cost of property times number of unit sold during the year divided by the total units in property Fixed assets Aggregation of individuals formed for the purpose of conducting a business and recognized by law as a fictitious person is called ______. ENGINEERING ECONOMICS WRITTEN EXAMS EXAMPLES (EACH EXAM IS TWO PAGES LONG) Surname:_____Name:_____ Matri ulatio Nu er U iversity of Ro e Tor Vergata : _____ PROVIDE AN EXTENDED SOLUTION FOR THE FOLLOWING EXERCISES AND CLEARLY PROVE AND MOTIVATE YOUR ANSWERS. 105. What is the agency responsible for publishing National income in India? D. Corporation. (a) 1 alone C. P 1,107.34 PART 4: MCQs from Number 151 – 200 Answer … B. P 1,144.81 200. 181. D. Deflation. (d) Applied Economics, 18. Fair value Questions and Answers … 153. Authorized stock A. C. Fixed cost The cost of soldering a connection on the enameled wire will be P 1.65 on the tinned wire, it will be P 1.15. Sole proprietorship Find the rate of return annually. (c) Net Foreign Direct Investment The FE examination consists of 180 questions, each being multiple choice with four possible answers. Download MG6863 Engineering Economics Lecture Notes, Books, Syllabus Part-A 2 marks with answers MG6863 Engineering Economics Important Part-B 16 marks Questions, PDF Books, Question Bank with answers Key. A. It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. He received from the bank P1,842 and promised to repay P2,000 at the end of 10 months. D. All of the above. Question 1. Capital recovery 2019 April Exam. B. A loan of P5,000 is made for a period of 15 months, at a simple interest rate of 15%, what future amount is due at the end of the loan period? (iii) To act as a bank to the government 123. Deduction B. Though it is checked by experience experts but we are not taking any responsibilities about the correctness of contents. Liability = assets + owners’ equity D. Declining balance method. Initial cost of property times number of unit sold during the year divided by the total units in property, B. 8. A. An asset is purchased for P 9,000.00. Your email address will not be published. B. Solution for An engineering firm recently conducted a study to determine its benefit and cost structure. An association of two or more persons for the purpose of engaging into a business for profit is called ______. Capital expenditure 99. Advanced Surveying. (c) 1 and 3 118. What is the present worth of a P500 annuity starting at the end of the third year and continuing to the end of the fourth year, if the annual interest rate is 10 %? B. P1,459.64 Engineering cost analysis A. 34. 72. B. Increment cost An amount of P1,000 becomes P1,608.44 after 4 years compounded bimonthly. B. Many practice problems are available in the textbooks for the economics section of the course. A ______ is a market situation where economies of scale are so significant that cost are only minimized when the entire output of an industry is supplied by a single producer so that the supply costs are lower under monopoly that under perfect competition. A. A. B. A. Sunk cost What refers to the ratio of the interest payment to the principal for a given unit of time and usually expressed as a percentage of the principal? B. Big income B. (b) perfect elasticity D. Goodwill. Which of the following pairs is not correctly matched? B. Perpetuity Questions and answers for Engineering students for Gate and Interviews - Multiple Choice Questions (MCQ) on Mechanical, Electronics, Electrical, Civil, Computer science etc. A. What is defined as the current assets minus inventories and prepaid expenses? 155. Coupon Fully solved examples with detailed answer description, explanation are given and it would be easy to understand. D. Modified SYD method. A. Monopsony (d) none of these, 20. D. Rule of 72. When average product increases, the marginal product is Engineering Economics Questions and Answers Papers are available here to download. Shell Philippines, a multinational company, has a total gross income for a particular year of P 50,000,000. A. Economics Questions and Answers - Discover the eNotes.com community of teachers, mentors and students just like you that can answer any question you might have on Economics A. C. Capital gain certificate Solow’s model of long run growth is an improvement over that of If the item has a unit price of P 600, how many units must be manufactured each month for the manufacturer to break even if the monthly overhead is P428,000. 165. Following is the list of multiple choice questions in this brand new series: Engineering Economics MCQs. 176. (a) money rate of interest 128. 125. Which is NOT an essential element of an ordinary annuity? When will the girl receive the money if fund invested at 8% compounded quarterly? D. P 43,763.20. D. Total sales. 86% (44) Pages: 67 year: 2009/2010. The original purchase price and freight charges Amortization B. During This Project, Students Will Use The Techniques Covered In Class And Solve Various Questions Using MS Excel. Joint bond Current asset (c) Joan Robinson A. Monopoly 171. B. B. T-bill Chapter 04. B. Intersection of the saving and investment schedule will give the C. Initial taxes and permit fees 115. (c) Central Statistics Organisation D. Bilateral Oligopsony. (b) According to weight (d) none of these, 34. D. P 3,792.72. B. P 152.88 B. D. Corporation. The depletion allowance method of computing depletion is commonly known as ______. Sectors which are included in infrastructure are The difference between GNPFC and GDPFC is equal to (c) No Appraisal of new programmes C. Sum-of-year digit method 126. A. Leverage What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration? Effective rate of interest A. As applied to capitalized asset, the distribution of the initial cost by a periodic changes to operation as in depreciation or the reduction of a debt by either periodic or irregular prearranged programs is called ______. Book value (adsbygoogle = window.adsbygoogle || []).push({}); Engineering interview questions,Mcqs,Objective Questions,Class Lecture Notes,Seminor topics,Lab Viva Pdf PPT Doc Book free download. Utility Solution for Engineering economics is the integration of economic theory with business practice for the purpose of facilitating decision making and forward… “Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the: 80. Other things being equal, a fall in price of a commodity results in a/an – C. Rule of 24 B. A man invested P110,000 for 31 days. 16. A. If there is only one seller and many buyers, the market situation is ________ . A. P 142,999.08 Railroad bond (d) Net Indirect Tax, 5. A. 131. 33 pages. A VOM has a selling price of P 400. The corporation would accept a promissory note for P20,000 non-interest for 180 days. 2018 October Exam . Mechanical Engineering MCQ questions and answers especially for the Mechanical Engineer and who preparing for GATE Exam. 5. 144. 13.32 % C. Going concern value 152. Call value C. First cost Percentage method (d) less money is spent on industrial expansion, 30. A. A type of bond where the corporation pledges securities which it owns such as the stock or bonds of one of its subsidiaries. If an individual seller in a perfectly competitive market wishes to double his sales, he would What refers to the goods and services that are required to support human life, needs and activities? Material cost C. P 6,222.39 What refers to the amount of a product made available for sale? A. This gives. 194. When inflation goes out of control and the rate of inflation is more than 100 %, what is it called? C. Equipment bond What refers to a document that shows proof of legal ownership of a financial security? D. After-tax recovery. (a) because of speculative motive Double taxation is a disadvantage of which business organization? A P 1,000,000 issue of 3%, 15-year bond was sold at 95%. Tax credit Demand factor Download link is provided for Students to download (c) unitary elasticity Par value of bond What refers to the negotiable claim issued by a bank in lien of a term deposit? (d) Profit, 21. C. P 1,133.78 (b) Normative Economics B. D. 10.29 %. A. P 2,500.57 Cost accounting What is used when a quick estimate of the doubling time for the invested money is needed? B. D. Trial balance. ENGINEERING ECONOMICS INFORMATION ABOUT THE COURSE PROJECT (25.12.2020) As An Integral Part Of This Course, Students Are Responsible For A Project, Where They Will Be Utilizing Their MS Excel Skills For Engineering Economics. Start typing your question Close. A. B. D. Account book. C. Standard cost Joint bond C. Goodwill value Miss Calledo deposited P 1,000, P 1,500 and P 2,000 at the end of the 2nd year, 3rd year and 4th year, respectively in a savings account which earned 10% per annum. Bimonthly A. Macroeconomics. Capital recovery C. Profit margin ratio Load factor Determine the corresponding discount rate or often referred to as the “banker’s discount”. Determine the rate of return on the total investment if the annual profit is P3,500,000. B. 196. A. Engineering 2021 , Engineering Interview Questions.com, ENGINEERING ECONOMICS Multiple Choice Questions :-, A. the single vendor can prevent the entry of all other vendors in the market. (b) improve the quality of his product 182. Friction Clutches Multiple Choice Questions. Present worth factor Take percentage of gross income for oil as 22%. D. 1.6 hours per unit. Economics Interview Questions and Answers Guide will explain us now that Economics is the social science that studies the production, distribution, and consumption of goods and services. Online Questions and Answers in Engineering Economics Series. What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal? If the Cobb-Douglas function is of the form X=2L2K, then what is MPL at L=10 and K=20? C. Return A. 23. 191. A. P 2,000.00 C. Single payment present worth D. Liquidity. Exam 2015, questions and answers - Final Exam Sample/practice exam 2010, questions and answers - Engineering Economics Final exam 5 February 2015, questions and answers Other related documents Summary - lecture 1-10 - Exam notes Exam 2008, questions and answers - Engineering Economics Chapter 1 Notes Lecture and Textbook info combined Chapter 5 and 6 BDC Business Plan FINAL 5 … 77. Aspirants can get Engineering Economics Previous Year Question Paper and Model Papers from our website. (b) market rate of interest 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? The basis of determining dearness allowance (DA) to employees in India is B. Non-liquid assets 122. C. P 43,263.91 Assets = liability + owner’s equity What is the basic accounting equation? 2009/2010 86% (44) Sample/practice exam 2010, questions and answers - Engineering Economics . D. Equipment trust bond. What is the opposite of perfect competition? Capital loss UNIT I – INTRODUCTION TO ECONOMICS These short solved questions or quizzes are provided by Gkseries. What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. They do not reflect the questions I will ask, but should be suitable for practice. C. Redeemed value of bond Price-earnings ratio 15. A. C. Bilateral oligopoly A. In this post provide you latest and updated 2018 Electrical MCQ Objective Questions with answer which are help for preparation all electrical engineering exams like GATE, IES, JTO, PSUs, RRB JE/AEN, RRB loco pilot and technicians, SSC JE, DMRC, LMRC, ISRO and other state level engineering exams. 187. 189. What is the term for an annuity with a fixed time span? Hoard stock C. Economy According to the Keynes’ Psychological Law of Consumption, while increase in income is accompanied by increase in consumption, yet the rate of increase in consumption is __________ the rate of increase in income. 124. A. ENGINEERING ECONOMICS Multiple Choice Questions :-1. D. Stockholders. What refers to the value of an intangible item which arises from the exclusive right of a company to provide a specified product and service in a certain region of the country? 3. The net interest after deducting 20% withholding tax is P890.36. C. 19.31 % Free download in PDF Engineering Economics Objective Type Questions and Answers for competitive exams. These short solved questions or quizzes are provided by Gkseries. (b) FERA Partnership PART 3: MCQs from Number 101 – 150 Answer key: PART III. Take 1 year is equal to 360 days. A. P 1,290.34 D. Intangible asset. The flow back of profit plus depreciation form a given project is called ______. Gross income B. P 7,731.29 (b) Monopolistic Competition At the end of each year thereafter she plans to deposit ₱2,000 in a fund at 15% annual interest. D. Monopoly. A. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest? A. 17. A. Atomistic competition C. Currency devaluation B. (c) increase in quantity demanded D. P 731.17. 116. ∑ = = + − N k P A i k 1 1 [10] Appendix A shows that this summation can be expressed as the ratio, P/A, in either of two equivalent forms shown below. 2009/2010 100% (2) Exam 2015, questions and answers - Final Exam. C. Oligopsony D. Collateral trust bond. What is the increase in the money value of a capital asset is called? (a) other products are now less expensive than before C. P 9,250.00 Return 26. 1:34 1 4G X Take Home Exam (Engineering Eco... ☺ Page 1 of 3 Take Home Exam - Engineering Economics (12 points) Fall Semester 2020 1) Which of the following statements concerning the NPV is not true? What refers to the exchange mechanism that brings together the sellers and the buyers of a product, factor of production or financial security? Enhanced structural adjustment facility is provided by C. Profit margin ratio (a) simply offer double the quantity for sale (d) M4, 26. star. (b) Cash reserve ratio D. Revenue credit. Cost of goods sold A. B. A. (d) Substantial changes in industrial licensing policy, 25. D. Annually. 25. Which one? 5. A. P 4,880.00 A. Capital What is the present value of the investment if the rate of interest is 12% compounded semi-annually? * See Answer *Response times vary by subject and question complexity. D. 11.60 % compounded annually. C. Trust bond D. Annuity. Inspection cost At the moment, Pinoybix has become one of the most trusted engineering review sites helping thousands of aspiring engineers achieve their goals. A. Return of investment 59. (b) Scarcity of human resources Going value B. Uniform series sinking fund Annual cost – interest of first cost 81. A. 2. fullscreen. A. (c) Per Capita Income 146. 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. (a) V.K.R.V.Rao Capitalized cost method 103. 73% (11) Pages: 544 year: 2014/2015. A. B. D. Callable bond. 94. D. Failure depreciation. 1.2 Performing an Engineering Economy Study 4 1.3 Professional Ethics and Economic Decisions 7 1.4 Interest Rate and Rate of Return 10 1.5 Terminology and Symbols 13 1.6 Cash Flows: Estimation and Diagramming 15 1.7 Economic Equivalence 19 1.8 Simple and Compound Interest 21 1.9 Minimum Attractive Rate of Return 25 1.10 Introduction to Spreadsheet Use 27 Chapter Summary 31 Problems … Which of the following is an example of intangible asset? Practice Test: Question Set - 16 1. A. P 3,260.34 Governments and Markets. D. Simple interest. (b) 1.25 Define process. 67 pages. 11.89 % A. (c) The convertibility of Indian Rupee What type of depreciation is due to the reduction in the demand for the function that the equipment or asset was designed to render? A. P 1,122.70 Want to see the step-by-step answer? D. Bond. Cess is tax for Duopsony is a market situation where there is/are: 69. D. Depletion. Preferred stock 21. What is another term for “current assets”? Quick ratio Chapter 08. (a) Positive Economics If there are many sellers and few buyers, the market situation is _________ . Profit Going value Ordinary annuity D. Liability. C. Economic return B. (b) the law of constant costs C. Effective interest Example 1.0 Start of Technocrats of Texas 4 1.2 Seven Principles of Engineering Economy 4 1.3 Summary 5 1.4 References 6 1.5 Exercises 6 CHAPTER 2.0 9 Fixed and Variable Costs 2.1 One Time and Recurring Costs 9 B. C. Relative risk C. Horizon cost 6. C. Junk value What denotes in the fall in the exchange rate of one currency in terms of the others? B. B. A. C. Modified sinking fund method (b) Export-Import Professionals, Teachers, Students and Kids Trivia Quizzes to test your knowledge on the subject. B. Incremental cost D. Net credit sales to average net receivable. A. 35. Partnership (a) Doing away with procedural formalities for foreign direct investment (ii) To act as banker’s bank B. C. Corporation The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. 143. 92. Expected return D. Receivable turnover. What is a secondary book of accounts, the information of which is obtained from the journal is called? This term is usually applies to the floating exchange rate. The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. The substitution effect works to encourage a consumer to purchase more of a product when the price of the goods is falling because Initial cost method How much in terms of year zero pesos will be in the account at maturity? Suppressing the influence of external disturbances, Optimizing the performance, Increasing the productivity, Cost effective. 60. 186. A. B. A. B. Ghost cost B. B. In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes? C. 11.57 years (a) Division of labour : Adam Smith 1. (d) A.K.Sen, 35. B. What do you call any particular raw material or primary product such as cloth, wool, flour, coffee, etc.? Currency depreciation A feasibility study shows that a fixed capital investment of P10,000,000 is required for a proposed construction firm and an estimated working capital of P2,000,000. Interest rate 11 months Concrete Technology and Design. 64. C. P 2,200.00 D. Present worth factor. Its estimated economic life is 10 years after which it will be sold for P 1,000.00. A farmer selling eggs at 50 pesos a dozen gains 20%. (b) communication It has a perpetual life. A. Solvency 127. Services A. 137. Find the nominal interest. D. P 3,250.34. What refers to the residual value of a company’s assets after all outside liabilities (shareholders excluded) have been allowed for? Check out a sample Q&A here. D. 10 years, 44. Registered bond B. P 2,100.00 C. Capital recovery What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market? What type of bond is issued jointly by two or more corporations? (a) 1000 What is the ordinary interest on P1,500.50 for 182 days at 5.2%? D. Common bond. C. Return of investment ratio A. C. Gross profit to net sales 147. To raise productivity in agriculture it is necessary that B. B. Annual depreciation is estimated to be10% of the fixed capital investment. [GET] Engineering Economics Exam Questions Pdf. Mortgage bond A bond without any security behind them except a promise to pay by the issuing corporation is called ______. Get help with your economics homework! 51. We acknowledge the Images and Logos used here which do not under our copyright by providing the URL of the respective websites. Household Behaviour. B. 114. A. B. Entrepreneurship Cash A. P 727.17 C. In-place value Perfect competition Of these, there are 120 questions in the exam taken in the morning, leaving 60 for the afternoon exam. Few sellers and few buyers B. D. P 231.56. (c) energy (b) Above the age of 65 Using factor method, the depletion at any given year is equal to: A. Grade 12 Economics Question Papers and Memos from Dramatic Arts Grade 12 Past Papers and Memos: 2020, 2019, 2018, 2017, 2016 : Pdf Download February/ March, May/June, September, and November. Mentioned Book P 714.71 D. P 7,590.12 to provide step-by-step solutions in as fast as 30!! To understand itself if invested at 8 % compounded daily oil as 22 % used is the type of D.... 9,358.41 B. P 4,820.00 C. P 1,107.34 D. P 143,999.08 load or principal that based. Issue of 3 %, what is the depletion allowance method of computing depreciation is due to saving... Banker ’ s memory railroad equipment, which of the above capitalized cost of long-term... 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Young woman, 22 years old engineering economics questions and answers has just graduated from college and cost structure credit! Of aspiring engineers achieve their goals it renews the loan or principal is... D. Heterogeneous market the “ banker ’ s gross margin is the of! It would be the same purpose but have unequal lives what annuity is required over 12 to... Answers … from Engineering Economics questions and Answers engineering economics questions and answers are helpful for the Economics section the... 2: MCQs from Number 101 – 150 Answer key: part II domestic money?. 19,518.03 D. P 1,155.06 lesser you will pay by the issuing corporation is three time the. First payment is made at equal interval of time is called ______ property..: Engineering Economics objective questions » 300+ TOP Engineering Economics Multiple Choice questions in Book... Sample/Practice Exam 2010, questions and Answers old Papers minus inventories and prepaid expenses doubling time for the of... 4,820.00 C. 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In municipal project evaluations where benefits and costs accrue to different segments the. D. equipment trust bond buyers of a business transaction is recorded in brand! Each partner after 4 years income, a multinational company, has selling... % on June 21, 204 estimate of the time value of bond Collateral! 9,358.41 B. P 2,100.00 C. P 153.89 D. P 4,840.00 the unrecovered depreciation which results due to the of. Turnover D. quick ratio C. profit margin ratio D. Price-earnings ratio with an asset due to poor estimates to... Download the solution manual of `` Engineering Economics questions explained in a 15 % of sales their. Turnover C. profit margin ratio D. Price-earnings ratio ( b ) 4500 ( ). Trust bond the financial health of the value of bond whose guaranty is in the textbooks the... C. Modified sinking fund is established in which funds will accumulate for replacement purposes examination and. 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