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Engineering Economics MCQ Questions & Answers | Civil Engineering

Learn Engineering Economics MCQ questions & answers are available for a Civil Engineering students to clear GATE exams, various technical interview, competitive examination, and another entrance exam. Engineering Economics MCQ question is the important chapter for a Civil Engineering and GATE students. Page-3 section-2

Each section contains 100 MCQs on Engineering Economics .
21
A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ______.
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Answer & Solution
Answer: Option A
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22
The ratio of the net income before taxes to net sales is called ______.
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Answer & Solution
Answer: Option C
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23
The difference between the present and future worth of money at some time in the future is called ______.
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Answer & Solution
Answer: Option A
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24
The amount of company’s profit that the board of directors of the corporation decides to distribute to ordinary shareholders is called ______.
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Answer & Solution
Answer: Option A
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25
An association of two or more persons for the purpose of engaging into a business for profit is called ______.
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Answer & Solution
Answer: Option B
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26
The amount of property in which a willing buyer to a willing seller for the property when neither one is under the compulsion to buy nor to sell is called ______.
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Answer & Solution
Answer: Option B
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27
The process of determining the value or worth of a physical property for specific reason is called ______.
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Answer & Solution
Answer: Option B
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28
A bond without any security behind them except a promise to pay by the issuing corporation is called ______.
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Answer & Solution
Answer: Option B
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29
A mathematical expression also known as the present value of annuity of one is called ______.
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Answer & Solution
Answer: Option D
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30
The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______.
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Answer & Solution
Answer: Option D
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