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Civil Engineering - Engineering Economy

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Exercise : Engineering Economy - Section 1
1.
Which one of the following questions is relevant to the construction estimates :
Did the estimators precisely evaluate site conditions ?
Did the estimators use short cut methods which may be un realistic in their situation ?
How much money will the contractor's risk, loosing if he Were to submit bid on the raw estimate of cost.
All of these
Answer: Option
Explanation:
No answer description is available. Let's discuss.
2.
The ratio obtained by dividing 'quick assests' by current liabilities is called
Turnover ratio
Acid test ratio
Solvency ratio
None of these.
Answer: Option
Explanation:
No answer description is available. Let's discuss.
3.
Which one of the following definitions, is correct ?
The ratio of total debt to share holder's equity is called 'debt ratio'.
The ratio debt-to-total assests is called Debt-to-total assest ratio.
The ratio of earnings before interest and taxes for a particular reporting period to the amount of interest charges for the period, is called interest coverage ratio.
All of these
Answer: Option
Explanation:
No answer description is available. Let's discuss.
4.
Pick up the element of the cost from the following:
direct material
direct labour
Over head
All of these
Answer: Option
Explanation:
No answer description is available. Let's discuss.
5.
The estimator for definitive estimates must be able :
and an all-around construction expert.
to read the plans and specifications to determine accurate quantities of permanent materials and installed Equipment.
to express the job material requirements in dimensions suitable for costing and construction supplies.
Answer: Option
Explanation:
No answer description is available. Let's discuss.
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