Engineering Economy - Part 1 Online Exam Quiz
Engineering Economy - Part 1 GK Quiz. Question and Answers related to Engineering Economy - Part 1. MCQ (Multiple Choice Questions with answers about Engineering Economy - Part 1
Which one of the following questions is relevant to the construction estimates :
Options
A : Did the estimators precisely evaluate site conditions ?
B : Did the estimators use short cut methods which may be un realistic in their situation ?
C : How much money will the contractor's risk, loosing if he Were to submit bid on the raw estimate of cost.
D : All of these
The ratio obtained by dividing 'quick assests' by current liabilities is called
Options
A : Turnover ratio
B : Acid test ratio
C : Solvency ratio
D : None of these.
Which one of the following definitions, is correct ?
Options
A : The ratio of total debt to share holder's equity is called 'debt ratio'.
B : The ratio debt-to-total assests is called Debt-to-total assest ratio.
C : The ratio of earnings before interest and taxes for a particular reporting period to the amount of interest charges for the period, is called interest coverage ratio.
D : All of these
Pick up the element of the cost from the following:
Options
A : direct material
B : direct labour
C : Over head
D : All of these
The estimator for definitive estimates must be able :
Options
A : and an all-around construction expert.
B : to read the plans and specifications to determine accurate quantities of permanent materials and installed Equipment.
C : to express the job material requirements in dimensions suitable for costing and construction supplies.
D : -
Refer to the cash flow diagram of uniform gradient in a cash flow (in the given figure), the gradient is :
Options
A : Rs 10000 per year
B : Rs 15000 per year
C : Rs 20000 per year
D : Rs 25000 per year
In the cash-flow diagram shown in the given figure
Options
A : Equal deposits of Rs 3000 per year (A) are made, starting now.
B : The rate of interest is 10% per yearaccount
C : The amount accumulated after the seventh deposit is to be computed
D : All of these
The estimate based on a detailed quantity survey and furnishes the most accurate and reliable estimate possible is known as
Options
A : Conceptual estimate
B : Definitive estimate
C : Probabilistic estimate
D : None of these
The sunk costs include :
Options
A : a past expenditure
B : an unrecovered balance
C : an invested capital that cannot be retreived
D : All of these
Current assests less inventories divided by current liabilities is known as
Options
A : Liquidity ratio
B : Current ratio
C : Acid-Test (or Quick) ratio
D : Debts ratio
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