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Civil Engineering :: Engineering Economics

  1. Salvage value is sometimes known as ______.

  2. A.

     Scrap value

    B.

     Going value

    C.

     Junk value

    D.

     Second-hand value

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  3. The ability to meet debts as they become due is known as ______.

  4. A.

     Solvency

    B.

     Leverage

    C.

     Insolvency

    D.

     Liquidity

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  5. The ability to convert assets to cash quickly is known as ______.

  6. A.

     Solvency

    B.

     Liquidity

    C.

     Leverage

    D.

     Insolvency

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  7. The depletion allowance method of computing depletion is commonly known as ______.

  8. A.

     Unit method

    B.

     Percentage method

    C.

     Factor method

    D.

     Sinking fund method

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  9. 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 ______.

  10. A.

     Yield

    B.

     Economic return

    C.

     Earning value

    D.

     Gain

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  11. A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand?

  12. A.

     1.0 hour per unit

    B.

     1.2 hours per unit

    C.

     1.4 hours per unit

    D.

     1.6 hours per unit

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  13. What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents?

  14. A.

     Depletion

    B.

     Inflation

    C.

     Depreciation

    D.

     Deflation

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  15. What is a stock of a product which is held by a trade body or government as a means of regulating the price of that product?

  16. A.

     Stock pile

    B.

     Hoard stock

    C.

     Buffer stock

    D.

     Withheld stock

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  17. 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. How much is in the account at the end of the 4th year?

  18. A.

     P 4,880.00

    B.

     P 4,820.00

    C.

     P 4,860.00

    D.

     P 4,840.00

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  19. The project contractor relies on the cost of the estimate:

  20. A.

     For submission of a competitive bid for a lump-sum contract

    B.

     For a unit price contract

    C.

     For preparation of a definitive estimate to help negotiate contract

    D.

     All of these

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