Civil Engineering - Engineering Economy
Exercise :: Engineering Economy - Section 1
| 16. |
The ratio of current assests to current liabilities is known as |
| A. |
Liquidity ratio | | B. |
Current ratio | | C. |
Acid-Test (or Quick) ratio | | D. |
Debts ratio |
Answer: Option B
Explanation:
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| 17. |
Pick up the correct statement from the following: |
| A. |
An annuity is a series of equal payments occurring at equal period of time. | | B. |
Annuity is called an equal payment or uniform payment series. | | C. |
An annuity may have periods of time of any length but should always be of equal length. | | D. |
All the above. |
Answer: Option D
Explanation:
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| 18. |
The construction estimate of a project is used by : |
| A. |
the owner of the facility | | B. |
the consulting architect/engineer | | C. |
the contractor of the project | | D. |
All of these |
Answer: Option D
Explanation:
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| 19. |
Both architect and engineer make use of the cost estimate of the project: |
| A. |
for site selection | | B. |
for designing of the project | | C. |
for choosing alternatives | | D. |
All of these |
Answer: Option D
Explanation:
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| 20. |
If a is the base amount expenditure, b is the increase in the operation cost each year over a period of n years, the total cost of maintenance is : |
| A. |
a + (n + 1) b | | B. |
a + (n - 1) b | | C. |
a x (n - 1) b | | D. |
a - (n - 1) b |
Answer: Option B
Explanation:
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