Engineering Economics MCQ Questions & Answers

91

Pick up the correct statement from the following:

A) The ratios which show profitability in relation to sales and those which show profitability in relation to investment are called profitability ratios B) The ratio of gross profit and net sales is called profitability in relation to sales ratio C) The ratio of net profit after taxes to total assets is known as profitability in relation to investment ratio D) All of these

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Answer: Option D

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92

Pick up the correct statement from the following:

A) The receipts and disbursements in a given time interval are referred to as cash flow B) The assumptions that all cash flows occur at the end of the interest period, is known as the end of period convention C) The cash flow diagram represents the statement of the problem and also includes what is given and what is to be found D) All of the above

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Answer: Option D

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93

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 quotations from contractors and/or sub-contractors C) To compute target estimate for the owner while drawing and specifications are in initial stage D) All of these

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Answer: Option D

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94

Pick up the main purpose of project cost control from the following:

A) To signal immediate warning of uneconomic operations B) To provide a feed back to the estimator C) To promote cost consciousness D) All of these

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Answer: Option D

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95

Which method is adopted to develop an approximate or conceptual estimate for perimeter works for buildings from the following?

A) Base unit method B) Cost per function method C) Cost per square metre method D) Cost per linear metre method

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Answer: Option D

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96

If there are many sellers and few buyers, the market situation is _________ .

A) Duopsony B) Oligopoly C) Oligopsony D) Monopoly

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Answer: Option C

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97

What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want?

A) Services B) Goods C) Commodities D) Goods or commodities

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Answer: Option D

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98

What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want?

A) Services B) Goods C) Commodities D) Goods or commodities

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Answer: Option A

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99

What refers to the claim of anyone to ownership?

A) Proprietorship B) Assets C) Equity D) Liability

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Answer: Option C

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100

Which is NOT an essential element of an ordinary annuity?

A) The amounts of all payments are equal. B) The payments are made at equal interval of time. C) The first payment is made at the beginning of the first period. D) Compound interest is paid on all amounts in the annuity.

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Answer: Option C

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Engineering Economics MCQ Questions & Answers | Civil Engineering