Civil Engineering - Engineering Economy

Exercise :: Engineering Economy - Section 1

21. 

The more critical (or severe) test of the firm's liquidity can be judged by :

A. Liquidity ratio
B. Current ratio
C. Acid-Test (or Quick) ratio
D. Debts ratio

Answer: Option C

Explanation:

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22. 

Ratio analysis of a construction firm is used for analysis by :

A. share holders
B. firm's management
C. Banks of the firm
D. financial analysts
E. All of these.

Answer: Option D

Explanation:

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23. 

Pick up the correct statement from the following:

A.
B. Over head cost per unit = Overhead ratio x direct labour cost/unit
C. both (a) and (b)
D. neither (a) nor (6)

Answer: Option C

Explanation:

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24. 

Probabilistic estimating of a construction project includes:

A. Labour
B. Productivity
C. wage scale
D. All of these

Answer: Option D

Explanation:

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25. 

A construction estimate is used

A. to judge tentatively or approximate value of the project
B. to produce a statement of the approximate cost
C. to decide an approximation of the value of the project and not the exact cost.
D. None of these

Answer: Option C

Explanation:

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