# 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

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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