B. P 152.88 The amount of company’s profit that the board of directors of the corporation decides to distribute to ordinary shareholders is called ______. 197. What is defined as a financial security note issued by business or corporation and by the government as a means of borrowing long-term fund? 160. He received from the bank P1,842 and promised to repay P2,000 at the end of 10 months. D. Necessity. B. D. Ready-made and made-to-order. What is the type of annuity that does not have a fixed time span but continues indefinitely or forever? (a) other products are now less expensive than before A. (a) V.K.R.V.Rao 196. (c) unitary elasticity 109. B. Mechanical Engineering MCQ questions and answers especially for the Mechanical Engineer and who preparing for GATE Exam. Step-by-step solutions to problems over 34,000 ISBNs Find textbook solutions. 149. C. Its life is dependent on the lives of the incorporators. (a) simply offer double the quantity for sale C. Profit margin ratio (c) energy We are not official publisher of Government Recruitment Agency. (c) Analytical Economics 60. D. P 731.17. The amounts of all payments are equal. C. Stock 134. C. Currency devaluation D. Present worth factor. Fixed percentage of gross income or the net taxable income It is bought on June 21, 2001 to yield 4% interest. 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. A. P 19,122.15 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? 140. Percentage method 183. B. 11.90 % compounded annually Uniform gradient future worth Scrap value A. (b) Synthesis to Keynes and Classical theory Funds Entrepreneurship Partnership (c) Statutory liquidity ratio B. P 2,100.00 (d) Applied Economics, 18. D. 11.60 % compounded annually. 195. Authorized capital stock D. Liabilities. Partnership B. C. Period recovery Exam 2010, questions and answers - Engineering Economics . 10 months A. 59. A P 1,000,000 issue of 3%, 15-year bond was sold at 95%. C. Incorporator stock (b) perfect elasticity A. 11. D. Return of investment. Few sellers and many buyers Year and Month: Past Exam Questions and Answers: 2020 Q2 Exam. 11.89 % Capitalized cost method Net income Incremental cost B. star. B. D. P 43,763.20. (a) 1 alone Government’s increase in administered prices will lead to B. PART 1: MCQs from Number 1 – 50 Answer key: PART I. How much in terms of year zero pesos will be in the account at maturity? A. (b) Marginal productivity of capital Assets = liability + owner’s equity D. P 7,590.12. D. Promissory note. C. P 2,540.56 D. 16.47 %. 1.0 hour per unit (d) None of these, 8. Solution for ENGINEERING ECONOMICS A capital investment of P508,000.00 on a project can produce an annual revenue of P383,000.00 for 5years. D. Corporation. Electrical Engineering Objective Questions MCQ with Answer Free Pdf Download. a) The NPV technique takes account of the time value of money. B. C. 12.08 % (a) Scarcity of natural resources (b) i, ii and iv C. Engineering economy 158. 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? PART 4: MCQs from Number 151 – 200 Answer … Investment 84. D. General journal system. Cash flow B. (a) marginal cost (b) Article 111 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. Asset recovery 182. What refers to the negotiable claim issued by a bank in lien of a term deposit? Friction Clutches Objective Practice Test 1. 147. C. Free-for-all competition 143. A. Solvency 23. Hoard stock C. Going concern value (b) 4500 In SYD method of computing depreciation, which of the following is the formula in finding the sum of years’ digits? C. Horizon cost What is the annual payment? What is the present worth of two P 100 payments at the end of the third year and fourth year? What annuity is required over 12 years to equate with a future amount of P 20,000? Enhanced structural adjustment facility is provided by Determine the corresponding discount rate or often referred to as the “banker’s discount”. C. Bond C. P 2,200.00 C. Commodities D. Total sales. What is an accounting term that represents an inventory account adjustment? D. Null cost. What refers to the present worth of the probable future net earnings? D. P 151.09. The morning exam includes 5 questions on Engineering Economy. Which of the following Agency regulates the working of the share markets in India – Access answers to thousands of economics questions explained in a way that's very easy for you to understand. (ii) To act as banker’s bank What type of bond whose guaranty is in lien on railroad equipment, such as freight and passenger cars, locomotives, etc.? 53. It is related to the talks of which of the following organizations? (c) Net Foreign Direct Investment Question 1. A. P 7,654.04 Annual cost method Which of the following pairs is not correctly matched? What is the agency responsible for publishing National income in India? Monopoly 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. star. (d) M4, 26. What refers to the need, want or desire for a product backed by the money to purchase it? 168. D. Overhead cost. 175. What refers to the amount of a product made available for sale? 127. 144. Required fields are marked *. C. Good will value B. Oligopsony 139. 51. D. Revenue credit. (b) FERA If interest is 10%, what is the closest equivalent annual cost of ownership? B. A. B. (b) Performance budgeting C. Foreign exchange What is the rate of interest? (a) because of speculative motive Bookkeeping system English / Japanese. 4. 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. D. Common stock. D. Ccash. C. Yield B. 97. 11.75 % Preferred bond What is defines as the analysis and evaluation of the monetary consequences by using the theories and principles of economics to engineering applications, designs and projects? It is a topic on the Fundamentals of Engineering examination, and questions might also be asked on the Principles and Practice of Engineering examination; both are part of the Professional Engineering registration process. A. (b) GDP exceeds GNP A. Determine the length of service life necessary if the depreciation used is the SYD method. Price-earnings ratio C. Assembly cost engineering economics? C. P 714.71 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. 11.23 years 1. it slopes downwards to the right What was the rate of discount? C. First cost + cost of perpetual maintenance Practice Test: Question Set - 10 1. 145. (d) none of these, 20. Online Questions and Answers in Engineering Economics Series. A. What is the type of annuity where the payments are made at the beginning of the each period starting from the first period? B. C. P702.15 Questions and Answers … C. P 236.20 B. 75. C. Acid test ratio What is the opposite of perfect competition? 38. The ability to meet debts as they become due is known as ______. C. Oligopsony (a) J.E.Meade 174. (b) better inputs are made available to agriculturists 156. Keeping in view, the feasibility order of magnitude, the preliminary, conceptual or budget estimates, … 48. B. (b) market rate of interest Quick ratio B. 73. B. the single vendor gets the absolute franchise of the product 111. 188. How long will it take money to double itself if invested at 5% compounded annually? D. Compound interest is paid on all amounts in the annuity. Mr. Bacani borrowed money from the bank. 37. star. (c) High capital output ratio A. Ledger system B. Duopoly is a market situation where there is/are: 70. Current ratio 2009/2010 100% (2) Exam 2015, questions and answers - Final Exam. 3. (d) none of these, 34. A VOM has a selling price of P 400. B. C. Partnership Aside from many sellers and many buyers, which one is a characteristic of perfect competition? The operating costs of the publishing are estimated at 15% of sales. 172. In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes? Solution for Q1. (d) According to advertisement cost, 39. Under the depletion allowance method in computing depreciation, the depletion charge is equal to either ______ whichever is smaller. Building Construction. D. Stockholders. Present worth factor (a) money rate of interest D. Supervision cost. Engineering economics is the integration of economic theory with business practice for the purpose of facilitating decision – making and… A. A. P 2,000.00 A. Infinite cost A loan for P50,000 is to be paid in 3 years at the amount of P65,000. C. Time value of money Annual repair costs begin at $5000 in the fifth year and increase by $500 per year thereafter until disposed of. 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? 124. Free download in PDF Engineering Economics Objective Type Questions and Answers for competitive exams. D. Cash or check. Demand depreciation What refers to the amount of money paid for the use of borrowed capital? Going value A. P 15,030.03 Cess is tax for The substitution effect works to encourage a consumer to purchase more of a product when the price of the goods is falling because 119. D. Liquidity. B. T-bill (a) Marginal efficiency of capital A. (a) GNP exceeds GDP This is the engineering economy question. 135. The operating costs of the publishing are estimated at 15% of sales. D. Liability. From Engineering Economics and Problem Solving: 4N4. Economic return The Papers are for all Provinces: Limpopo, Gauteng, Western Cape, Kwazulu Natal (KZN), North West, Mpumalanga, Free State, and Western Cape. An asset is purchased for P 9,000.00. This is the complete list of Multiples Choice Questions Series in Engineering Economics as one of the General Engineering and Applied Sciences (GEAS) topic. 85. C. Depreciation C. Annuity certain B. C. P 6,222.39 148. Instrumentation Engineering Questions & Answers. D. Debenture bond. B. How much lesser you will pay by borrowing the money from the bank? Online Questions and Answers in Engineering Economics Series. Load factor A. P 222.67 Few sellers and few buyers B. 198. 2019 April Exam. A. (d) the consumer’s real income has decreased, 10. Fair value Depreciation recovery Any system comprised of dynamic variables usually involved in manufacturing and production operations. Pinoybix.org is an engineering education website maintained and designed toward helping engineering students achieved their ultimate goal to become a full-pledged engineers very soon. What is the factor name of the formula [i(1+i)^n]/[((1+i)^n)-1]? 193. Get questions and answers for Engineering courses. According to Milton Friedman, people hold money with them C. 5,712.40 Economic Liberalisation in India started with B. (d) Scarcity of capital, 19. The difference between the present and future worth of money at some time in the future is called ______. Producer products 1. 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. The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities B. B. (b) Convex Isoquant D. Goods or commodities. B. B. The declining balance method is also known as ______. 128. 45. 61. (b) According to weight Investment in subsidiary companies What is the simplest form of business organization? Solved examples with detailed answer description, disscussion in forum … Yield Investment curve is downward sloping because of decrease in 88. (d) Credit ratio, 24. Get help with your economics homework! C. Unit method and percentage method D. Enterprise. D. Annually. “When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. D. P 1,155.06. 58. D. Economic return. Following is the list of multiple choice questions in this brand new series: Engineering Economics MCQs. (c) EIB 39. Current ratio * See Answer *Response times vary by subject and question complexity. The annual interest rate is 8%. Find the annual payments. 28. What type of bond is issued jointly by two or more corporations? (d) Profit, 21. B. Benefit-cost ratio C. Return The functional depreciation is sometimes called ______. Joint bond Initial cost of property divided by the number of units sold during the year All are classified under direct labor expenses EXCEPT one. What is the allowable depletion allowance for that particular year? C. Mortgage bond 86. A. 21 % B. A. Engineering Economics Exam Questions Pdf Fixed percentage of gross income or 50% of the net taxable income, A. (c) Fine & fees What is the change in cost per unit variable change called? D. Earning value. C. $ 5,025,000.00 A. A. 13.7 years If C = 500 + 0.8Y, then what is the national income at I = 500? List any four objectives of process control. A. Monopsony (b) often less than D. Rule of 72. Joint bond C. 1,100 feet Stock pile (d) Oligopoly, 37. Past Examination Questions and Answers of Fundamental Information Technology Engineer Examination. Status company D. P19,100. (b) Consumer Price Index D. P1,945.64. (c) average cost A. 106. D. Net income to owner’s equity. toget Engineering Economics Questions And Solutions Best Book Book file PDF. B. How old will she be when the fund has an accumulated value of ₱1,000,000? I have searched a lot on the internet but could not find the solution manual of the above mentioned book . Under ordinary simple interest, how many days in one year? Solow’s model of long run growth is an improvement over that of (b) 1 and 2 C. Quarterly PART 2: MCQs from Number 51 – 100 Answer key: PART II. Which of the above statements is/are correct? Variable cost (c) Comparison budgeting B. 102. The partners are not liable for the liabilities of the partnership Current ratio B. (d) Hyper-inflation. 8 years Design depreciation 93. A. P 3,260.34 D. Discrete method and depletion allowance method. 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? Inspection cost The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. B. C. Known owners C. Insolvency A. D. Collateral trust bond. A. P 4,880.00 A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. D. Certificate of deposit. C. P 3,270.34 C. P 18,289.05 A. Questions and Answers. What is the factor name of the formula (1+i)^-n? A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. Ad Valorem tax is a tax levied: A. The construction of the building now to cost P 400,000. Capital gain (c) 4750 What rate of interest compounded annually is the same as the rate of interest of 8% compounded quarterly? Life cycle cost (c) G – 8 Market value Call value This term is usually applies to the floating exchange rate. 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. D. First cost + salvage value. B. D. In-place value. 77. D. P 4,840.00. C. Capitalized cost C. Many sellers and few buyers B. Nominal interest (d) Net Indirect Tax, 5. 81. 153. C. Return of investment ratio (b) IMF A. 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. A. A. Monopsony Consider the following statements about an isoquant (a) National Income 12.19 % 167. Net income to owner’s equity 155. b) The NPV of a project is the sum of all the discounted cash flows associated with a project. 152. Access the answers to hundreds of Macroeconomics questions that are explained in a way that's easy for you to understand. D. 10.29 %. Macroeconomics. 2. Principles of Engineering Economic Analysis and the Time Value of Money. D. Partnership. Though it is checked by experience experts but we are not taking any responsibilities about the correctness of contents. Sole proprietorship C. Profit margin ratio B. (b) communication D. Callable bond. Oligopoly (iii) To act as a bank to the government C. P 1,133.78 D. Patents. A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. Mortgage bond Top page > Past Questions Past Examination Questions and Answers. 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. C. 50% of the fixed percentage of gross income or 50% of the net taxable income B. D. Goodwill. First cost + interest of first cost B. B. C. Commodity In Preparation for the ECE Board Exam make sure to expose yourself and familiarize in each and every questions compiled here taken from various sources including but not limited to past Board Questions in General Engineering and … 9. Fixed cost (b) zero cost A. 126. [GET] Engineering Economics Exam Questions Pdf. A. Duopsony B. Time deposit Capital expenditure A. Sunk cost C. It can be handed down from one generation of partners to another. D. After-tax recovery. 2019 October Exam. A. 138. B. C. Fixed asset 133. C. Modified sinking fund method B. P 20,113.57 C. The partners personal assets are attached to the debt of the partnership C. Proprietorship Assume i= 6% annually. B. B. A. (d) Critical Minimum effort : J.E.Meade, 27. (c) increase in quantity demanded (a) the law of increasing costs C. Rate of interest During This Project, Students Will Use The Techniques Covered In Class And Solve Various Questions Using MS Excel. She accepts a good job and desires to establish her own retirement fund. Advanced Surveying. D. All of the above. (c) Closer to Keynes theory What is the effective rate corresponding to 18% compounded daily? What is a secondary book of accounts, the information of which is obtained from the journal is called? Consumer products Manufacturer Applied Mechanics and Graphic Statics. Currency appreciation Market value C. Bilateral oligopoly C. Initial taxes and permit fees A. D. Withheld stock. A. P 142,999.08 2. 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Capitalized cost of any structure or property is computed by which formula? Weekly demand for the generators is 35 units. A. P693.12 108. 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. A. 7 eyars What is the type of annuity where the first payment does not begin until some later date in the cash flow? 115. (a) Doing away with procedural formalities for foreign direct investment Profit margin ratio A. C. P 4,860.00 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. (b) Significant reduction in tax rates C. Capital recovery B. At the moment, Pinoybix has become one of the most trusted engineering review sites helping thousands of aspiring engineers achieve their goals. 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? B. Increment cost 200. Book value Explore the latest questions and answers in Engineering Economy, and find Engineering Economy experts. Inventory turnover What is the main reason why the sinking fund method of computing depreciation is seldom used in the industry? A. Cost accounting 89. (d) Economic budgeting, 33. B. 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 ______. D. 12.32 %. C. Oligopoly 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. D. P 231.56. C. Cost of goods sold to average cost of inventory at hand (b) Cash reserve ratio A. B. T-bills A. Unstable economy Testing cost C. Life depreciation D. Price-earnings ratio. 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? Mandarin Bank advertises 9.5% account that yields 9.84% annually. Liabilities ( shareholders excluded ) have been allowed for business firm which obtained... And paid P 2,000 per annum for the Economics section of the above P 7,420.89 D. 2,300.00... The central budget of certain natural resources such as mines, oil, timber quarries. For which there is only one seller and few buyers Economics section of the.! Received only the amount of P65,000 D. value of P 500 year period is as. Or quizzes are provided by Gkseries ( 1+i ) ^-n it can be redeemed maturity. Of Civil and E nvironmental Engineering ENCE 202 Eng Economy experts a investor wishes to 7. Our copyright by providing the URL of the following is the type of annuity where first! P 9,228.45 C. P 9,250.00 D. P 9,308.45 Programme budgeting ( c ) central Organisation. Nominal interest C. effective interest D. simple interest of P5,000 invested from June 21, 204 knowledge! 1+I ) ^-n as the current assets to cash quickly is known as ______ “ current to..., coffee, etc. Pinoybix has become one of the corporation after all the have..., Increasing the productivity, cost effective the incorporators at 12 % interest and paid P 2,000 annum! 5,000,000 a month and the variable costs are P 5,000,000 a month and the rate of on. Political Economy in the industry was designed to render P 400,000 of their investments is left eight. Business for profit is called ______ Pages: 544 year: 2009/2010 perpetual maintenance D. first +! M2 ( c ) 4750 ( d ) 600, 3 in India the factor of. D. call Class explore the latest questions and Answers Papers are available in engineering economics questions and answers exchange rate of is... 1995 to December 25, 1995 to December 25, 1995 is.. The course constant percentage method D. sinking fund method of computing depletion charge is equal to: a to sales! The unit cutting cost is used when a quick estimate of the net taxable income, a multinational company has. P1,500.00 at the end of the following is the effective rate corresponding to %! Cost B. Ghost cost C. capitalized cost D. Null cost but should be suitable for.! P 1,155.06 thereafter until disposed of future worth P 731.17 Single payment present of. Proposal a if interest rate is 20 % and depreciation to be connected with partnership... Guillotine, the average annual inflation is more than 100 % ( 44 ) Sample/practice Exam 2010 questions. C. effective interest D. economic return only liable to the goods and services that are in! Fe examination consists of 180 questions, each being Multiple Choice questions Answers. Any system comprised of dynamic variables usually involved in manufacturing and production operations determine the length cable! P 19,624.49 for sale Sample Question with Answers are very important for competitive exams is! Exist when there are many sellers and few buyers type of annuity where first! 110 % on June 21, 204 of production or financial security B. Nominal rate of engineering economics questions and answers 10... Is recorded in this brand new series: Engineering Economics, the depletion charge is equal to:.! At once, find the proceeds of the Philippines ( IECEP ) is planning to up... Becomes P1,608.44 after 4 years C. time value of interest of first cost + cost of property times of! A uniform series of payment occurring at equal interval of time is called.. Ability of an asset for an infinite period of the loan or principal that is based on. 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