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A person buys a piece of lot for P 100,000 down payment and 10 deferred semi-annual payments of P 8,000 each, starting three years from now. 72. $ 5,010,000.00 D. Bank notes. C. Yield (d) Net Indirect Tax, 5. (c) 1 and 3 92. A. 96. B. B. Adolescence Quick ratio It is worse type of business organization. 100% (2) Pages: 33 year: 2009/2010. Of these, there are 120 questions in the exam taken in the morning, leaving 60 for the afternoon exam. A. It is related to the talks of which of the following organizations? During This Project, Students Will Use The Techniques Covered In Class And Solve Various Questions Using MS Excel. The profit derived from a project or business enterprise without consideration of obligations to financial contributors and claims of others based on profit is known as ______. B. Consumer products A. P 4,880.00 D. Debenture bond. 55. due to the gradual extraction of its contents? Inventory turnover If interest is 10%, what is the closest equivalent annual cost of ownership? Questions and Answers … D. Discrete method and depletion allowance method. Macroeconomics. A. P 142,999.08 D. Earning value. 16. B. Jump to: navigation, search. Compulsory saving B. Past Examination Questions and Answers of Fundamental Information Technology Engineer Examination. ENGINEERING ECONOMICS Objective Questions. 67 pages. D. Its capitalization must be equal for each partner. 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 ______. 7. Overview of Engineering Economy 1.1 What is Engineering, What is Economy and 1 What is Engineering Economy ? Following is the list of practice exam test questions in this brand new series: Engineering Economics MCQs. 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. C. Balance check 98. D. Bilateral Oligopsony. Fixed percentage of gross income or 50% of the net taxable income (d) Concave Isoquant, 2. PART 1: MCQs from Number 1 – 50 Answer key: PART I. 19.44 % (d) Above the age of 80, 44. They do not reflect the questions I will ask, but should be suitable for practice. A. P 150.56 C. Oligopsony D. P 151.09. Status company B. A telephone switchboard 100 pair cable can be made up with either enameled wire or tinned wire. 2 • A. J. Clark School of Engineering • Department of Civil and E nvironmental Engineering ENCE 202 Eng . B. Scrap value D. Null cost. Tax credit Entrepreneurship Analysis of government decision on welfare aspect is From Engineering Economics and Problem Solving: 4N4. Uniform series sinking fund What is the main reason why the sinking fund method of computing depreciation is seldom used in the industry? (d) none of these, 11. C. Quarterly (a) M1 The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. B. the single vendor gets the absolute franchise of the product An amount of P1,000 becomes P1,608.44 after 4 years compounded bimonthly. Civil Engineering questions and answers with explanation for interview, competitive examination and entrance test. It has a perpetual life. The minimum number of incorporators to start a corporation is three. C. Single payment present worth B. 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? Cash money and credit necessary to establish and operate an enterprise are generally called ______. What is the rate of interest? Return B. P 143,104.89 Which of the following pairs is not correctly matched? Yield (a) M1 C. 12.67 % C. Rate of return Face value of bond Currency depreciation B. C. Commodities Intersection of the saving and investment schedule will give the 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. C. Buffer stock 34. 194. C. Oligopsony C. P 1,107.34 (b) to give marginal utility by holding money Applicants can download Engineering Economics Previous Year Question Paper and Sample Question with answers in our website for free. Asset recovery B. (c) Both (a) and (b) 11 months B. P1,459.64 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? Capital recovery (d) Profit, 21. 33 pages. C. Junk value B. Amortization B. C. Modified sinking fund method PART 4: MCQs from Number 151 – 200 Answer … (b) Preparation of new budget every time PART 4: MCQs from Number 151 – 200 Answer … PART 3: MCQs from Number 101 – 150 Answer key: PART III. A. P 6,999.39 The amounts of all payments are equal. Your email address will not be published. Duopoly is a market situation where there is/are: 70. Engineering Economics Questions And Solutions Questions and Answers in Engineering Economics Series (Last Updated On: September 10, 2019) This is the complete list of Multiples Choice Questions Series in Engineering Economics as one of the General Engineering and Applied Sciences (GEAS) topic. => Important Short Questions and Answers: Reactive Power -Voltage Control UNIT COMMITMENT AND ECONOMIC DISPATCH => Commitment and Economic Dispatch => Economic Dispatch Without Loss => Thermal System Dispatching With Network Losses => Economic Dispatch Solution By Lambda-Iteration Method => Base Point and Participation Factors He agrees to pay his obligations by paying 8 equal annual payments, the first being due at the end of 10 years. 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. (d) None of these, 8. A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. The term ‘Hindu rate of growth’ was conceptualised by A. (a) money rate of interest 12. What refers to the goods and services that are required to support human life, needs and activities? C. P 7,420.89 A. (d) all of these, 29. 1,040 feet D. Goods or commodities. D. the single vendor is the only one who has the knowledge of the product. Many a time we read in the newspapers about the “Doha Round “ of talks. What do you call any particular raw material or primary product such as cloth, wool, flour, coffee, etc.? Law of supply A. P 1,290.34 Percentage method A. Unstable economy List any four objectives of process control. 83. star. Mechanical Engineering MCQ questions and answers for an engineering student to practice, GATE exam, interview, competitive examination and entrance exam. New product tracking equipment costs $120,000 and will have a $10,000 salvage value when disposed of in 10 years. B. P 152.88 The basis of determining dearness allowance (DA) to employees in India is What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually? What is the reduction in the money value of capital asset is called? A. P 2,500.57 112. C. Oligopsony 75. Engineering Economy Exam Questions. PART 3: MCQs from Number 101 – 150 Answer key: PART III. What is the annual payment? B. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year? 178. B. B. P 20,113.57 Big income C. Capitalized cost What refers to the saving which takes place because goods are not available for consumption rather than consumer really want to save? Which article of the Indian constitution contains the central budget? C. Inflation All previous year question papers published on our blog / Website is collected form candidate’s memory. Load factor A. First cost + interest of first cost What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? D. Consol. Online Questions and Answers in Engineering Economics Series. B. Installation expenses Demand factor There will be 400 soldered connections. Firms where there is co-existence of large number of buyers and sellers alongside differentiate products is called B. Straight line method C. 12.20 % compounded annually (d) advertise the superiority of his product, 13. Economic Analysis Sectors which are included in infrastructure are If the Cobb-Douglas function is of the form X=2L2K, then what is MPL at L=10 and K=20? Joint bond (a) Cost push inflation Engineering economics notes ME 483, L. S. Caretto, Spring 2010 Page 4 periods will be A(1 + i)-k. To get the present worth of all payments, we have to sum the present worth of all N individual payments. 1,000 feet 104. (d) 1, 2 and 3, 12. We have provided Engineering Economics Questions and Answers … 191. C. P 6,222.39 A. D. P 2,504.57. (b) M.N.Roy Gross income Preferred stock A. C. Trust bond Applicants can download Engineering Economics Previous Year Question Paper and Sample Question with answers in our website for free. (b) 1 and 2 A. C. Standard cost A. (d) decrease in quantity demanded, 36. These short objective type questions with answers are very important for competitive exams. 56. (d) 600, 3. Yield rate C. Capital expenditure Cash A. Solution for Q1. A. P693.12 C. Simple interest C. Good will value D. Franchise value. Seller D. Heterogeneous market. B. D. Design cost analysis. B. Owner’s equity Fixed assets Railroad bond 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? What type of depreciation is due to the reduction in the demand for the function that the equipment or asset was designed to render? C. Producer In computing depreciation of an equipment, which of the following represents the first cost? (c) Per Capita Income Bimonthly C. Rule of 24 111. 2. 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. D. Ccash. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Aggregation of individuals formed for the purpose of conducting a business and recognized by law as a fictitious person is called ______. (b) the law of constant costs 88. (b) 4500 What is the type of annuity that does not have a fixed time span but continues indefinitely or forever? The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______. What is another term for “acid-test ratio”? If the income from an available investment will be taxed at an average rate of 42%, what minimum rate of return, before payment of taxes, must the investment offer to be justified? What are they? B. 182. Chapter 07. Find the annual payments. C. the single vendor is the only one who has the permit to sell 24. (a) Division of labour : Adam Smith What is the type of annuity where the payments are made at the end of each period starting from the first period? Interest rate (d) Article 202, 43. Who are very senior citizens in the context of collection of income tax in India? (a) Article 110 B. 137. 1. it slopes downwards to the right (a) 1 2019 April Exam. What do you call a one-time credit against taxes? Capitalized cost of a project is also known as ______. C. P 714.71 B. PART 1: MCQs from Number 1 – 50 Answer key: PART I. A. A. (c) Golden age : Joan Robinson Which of these gives the lowest effective rate of interest? Double taxation is a disadvantage of which business organization? C. P 236.20 C. $ 5,025,000.00 A P 1, 000, 6% bond pays dividend semiannually and will be redeemed at 110% on June 21, 204. C. Return of investment ratio Sole proprietorship Inflation 65. A. A. A. D. Call class. B. 11.23 years Partnership What refers to the interest rate at which the present work of the cash flow on a project is zero of the interest earned by an investment? 4. (b) Performance budgeting B. 7 eyars (a) 4000 He received from the bank P1,842 and promised to repay P2,000 at the end of 10 months. Partnership D. Overhead cost. Monopoly D. Bond. 41. D. EUAC. Question options: (a) $21,505 (b) $21,766 (c) $21,844 (d) … B. These short objective type questions with answers are very important for competitive exams. What is the basic accounting equation? 17. D. Monopoly, A. the single vendor can prevent the entry of all other vendors in the market MG6863 EE Important Questions. Initial cost of property divided by the number of units sold during the year Effects over the depreciation period of the above ) economic budgeting, 33 C. 9 years D. years... Many a time we read in the fall in the account at the end of 6 years 8. Borrowed P 10,000 at 12 % interest 1000 ( b ) Running inflation ( c ) 1200 ( d Hyper-inflation. P 400 income, a days per week its benefit and cost structure service... The Exam taken in the annuity 142,189.67 D. 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