Civil Engineering - Engineering Economy
Exercise :: Engineering Economy - Section 1
| 41. |
Each financial ratio is generally compared by |
| A. |
a past ratio calculated from the past financial standard of the firm. | | B. |
a ratio developed by using the projected financial statement of the firm. | | C. |
a ratio of some selected firms most progressive and successful at the point of consideration. | | D. |
All of these |
Answer: Option D
Explanation:
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| 42. |
The key to profitable operation for project cost control, is : |
| A. |
To keep the project cost equal to original cost estimate. | | B. |
To keep the project cost equal to subsequent construction budget. | | C. |
To keep the project cost within the cost budget and knowing when and where job costs are deviating. | | D. |
None of these |
Answer: Option C
Explanation:
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| 43. |
The annuity which refers to a debt payment for recovering the initial amount or capital in equal periodical payments, is known as; |
| A. |
Present Worth Annuity | | B. |
Sinking fund annuity | | C. |
Compound annuity | | D. |
Capital recovery annuity |
Answer: Option D
Explanation:
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| 44. |
The product of CAF (S P) and PWF (S P) is: |
Answer: Option B
Explanation:
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| 45. |
Pick up the correct reason for making conceptual (or preliminary) estimate from the following: |
| A. |
To have a check on a definitive cost estimate. | | B. |
To check qoutations from contractors and/or sub contractors. | | C. |
To compute target estimate for the owner while drawings and specifications are in initial stage. | | D. |
All of these. |
Answer: Option D
Explanation:
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