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.Management Sciences
Category: Engineering Economy
The declining balance method is also known as ____________________?
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A. Double percentage method
B. Constant percentage method
C. Modified sinking fund method
D. Modified SYD method
What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market ?
A. Perfect competition
B. Oligopoly
C. Oligopsony
D. Monopoly
The functional depreciation is sometimes called ____________________?
A. Demand depreciation
B. Adolescence
C. Life depreciation
D. Failure depreciation
What is a measure of the average speed with which accounts receivable are collected ?
A. Current ratio
B. Quick ratio
C. Acid test ratio
D. Receivable turnover
What is the type of annuity where the payments are made at the beginning of the each period starting from the first period ?
A. Ordinary annuity
B. Perpetuity
C. Annuity due
D. Deferred annuity
What is a government bond which has an indefinite life rather than a specific maturity ?
A. Coupon
B. T-bill
C. Debenture
D. Consol
What is considered as the basic consuming or demanding unit of a commodity ?
A. Seller
B. Manufacturer
C. Producer
D. Buyer or consumer
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