Engineering Economics MCQs
Practice Engineering Economics MCQs for competitive exams.
Engineering Economics MCQs
Practice questions from this topic.
Using factor method, the depletion at any given year is equal to:
Correct Answer: A
What refers to the need, want or desire for a product backed by the money to purchase it?
Correct Answer: B
Perfect monopoly exists only if:
Correct Answer: A
What is normally used to compare alternatives that accomplish the same purpose but have unequal lives?
Correct Answer: C
A loan for P50,000 is to be paid in 3 years at the amount of P65,000. What is the effective rate of money?
Correct Answer: B
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. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate?
Correct Answer: B
The financial health of the company is measured in terms of:
Correct Answer: D
What refers to the present worth of the probable future net earnings?
Correct Answer: D
What do you call any particular raw material or primary product such as cloth, wool, flour, coffee, etc.?
Correct Answer: C
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?
Correct Answer: C
In what method of computing depreciation where it assumes that the loss in value is directly proportional to the age of the equipment or asset?
Correct Answer: A
Which one of the following questions is relevant to the construction estimates?
Correct Answer: D
