Engineering Economics

What is used to record historical financial transactions?

What is a secondary book of accounts, the information of which is obtained from the journal called?

The original record of a business transaction is recorded in this book.

All the proceeds which are received by the business as a result of the sale of goods is called ________

All are classified under direct labor expenses EXCEPT one. Which one?

What is a measure of the average speed with which accounts receivable are collected?

The ratio of the net income before taxes to net sales is called ________

What do you call a one-time credit against taxes?

What is used when quick estimate of the doubling time for the invested money is needed?

What is the increase in the money value of a capital asset called?

What is the reduction in the money value of a capital asset called?

What refers to the negotiable claim issued by a bank in lieu of a term deposit?

What denotes the fall in the exchange rate of one currency in terms of the others? this term usually applies to the floating exchange rate

The deliberate lowering of the price of a nation's currency in terms of the accepted standard (Gold, American dollar or the british pound) is known as ______

What refers to the saving which takes place because goods are not available for consumption rather than the consumer really want to save?

The flow back of profit plus depreciation from a given project is called ________

As applied to capitalized asset, the distribution of the initial cost by a periodic changes to operation as in depreciation or the reduction of a debt by either periodic or irregular prearranged programs is called ________

Return on investment ratio is the ratio of the:

Gross margin is the ratio of the gross profit to _________

What is another term for "acid-test ratio"