Engineering Economy MCQs with answers PDF for Civil Engineering students. Includes Engineering Economy MCQs PDF free download and Engineering Economics questions and answers PDF.
What is a secondary book of accounts, the information of which is obtained from the journal is called?
A. Ledger
B. Trial balance
C. Balanced sheet
D. WorksheetWhat is used to record historical financial transactions?
A. Balance check
B. General journal system
C. Bookkeeping system
D. Ledger systemWhat is the change in cost per unit variable change called?
A. Fixed cost
B. Supplemental cost
C. Variable cost
D. Incremental costWhat is an accounting term that represents an inventory account adjustment?
A. Standard cost
B. Overhead cost
C. Cost of goods sold
D. Cost accountingWhat is another term for “current assets”?
A. Non-liquid assets
B. Ccash
C. Fixed assets
D. Liquid assetsWhat 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?
A. Rate of return
B. Return of investment
C. Economic return
D. YieldLands, buildings, plants and machineries are example of what type of asset?
A. Fixed asset
B. Intangible asset
C. Current asset
D. Trade investment assetWhich of the following is an example of intangible asset?
A. Furnitures
B. Patents
C. Cash
D. Investment in subsidiary companiesDeliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ____ ?
A. Currency float
B. Currency devaluation
C. Currency appreciation
D. Currency depreciationWhat denotes in the fall in the exchange rate of one currency in terms of the others? This term is usually applies to the floating exchange rate ___ ?
A. Currency depreciation
B. Currency float
C. Currency appreciation
D. Currency devaluation