Engineering Economics MCQs

In computing depreciation of an equipment, which of the following represents the first cost?

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. Determine the length of service life necessary if the depreciation used is the SYD method.

The estimate based on a detailed quantity survey and furnishes the most accurate and reliable estimate possible is known as

What type of depreciation is due to the reduction in the demand for the function that the equipment or asset was designed to render?

What refers to the present worth of all the amount the bondholder will receive through his possession of the bond?

What represents the share of participation in business organizations?

Mandarin Bank advertises 9.5% account that yields 9.84% annually. Find how often the interest is compounded.

A project construction cost estimate includes:

What is considered as the basic consuming or demanding unit of a commodity?