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:

No answer description available for this question. Let us discuss.

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:

No answer description available for this question. Let us discuss.

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:

No answer description available for this question. Let us discuss.

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:

No answer description available for this question. Let us discuss.

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:

No answer description available for this question. Let us discuss.