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Civil Engineering :: Engineering Economics

  1. A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ______.

  2. A.

     Cooperative

    B.

     Corporation

    C.

     Enterprise

    D.

     Partnership


  3. The ratio of the net income before taxes to net sales is called ______.

  4. A.

     Current ratio

    B.

     Inventory turnover

    C.

     Profit margin ratio

    D.

     Price-earnings ratio


  5. The difference between the present and future worth of money at some time in the future is called ______.

  6. A.

     Discount

    B.

     Deduction

    C.

     Inflation

    D.

     Depletion


  7. The amount of company’s profit that the board of directors of the corporation decides to distribute to ordinary shareholders is called ______.

  8. A.

     Dividend

    B.

     Return

    C.

     Share of stock

    D.

     Equity


  9. An association of two or more persons for the purpose of engaging into a business for profit is called ______.

  10. A.

     Entrepreneurship

    B.

     Partnership

    C.

     Proprietorship

    D.

     Corporation


  11. 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 ______.

  12. A.

     Fair value

    B.

     Market value

    C.

     Good will value

    D.

     Book value


  13. The process of determining the value or worth of a physical property for specific reason is called ______.

  14. A.

     Investment

    B.

     Valuation

    C.

     Economy

    D.

     Depletion


  15. A bond without any security behind them except a promise to pay by the issuing corporation is called ______.

  16. A.

     Joint bond

    B.

     Debenture bond

    C.

     Trust bond

    D.

     Common bond


  17. A mathematical expression also known as the present value of annuity of one is called ______.

  18. A.

     Load factor

    B.

     Demand factor

    C.

     Sinking fund factor

    D.

     Present worth factor


  19. 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 ______.

  20. A.

     Material cost

    B.

     Fixed cost

    C.

     First cost

    D.

     In-place value