Which one of the following questions is relevant to the construction estimates :

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Question
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

Correct Answer

All of these

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2. The alternatives which are standalone solutions for given situations in engineering involve :
Options
A. a purchase cost (first cost)
B. the anticipated life of the assest
C. the yearly costs of maintaining the assest (annual maintenance and operating cost)
D. the anticipated resaleable value (salvage value) and the interest return (rate of return)
E. All of these

3. Which one of the following is included in financial ratios of the firm?
Options
A. Profitability ratio
B. Liquidity ratio
C. Turnover ratio
D. Ratio of overall performances
E. All of these

5. 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.

8. Pick up the correct statement from the following:
Options
A. The financial ratio summarises some aspect of the firm's financial condition at the time of preparing a balance sheet.
B. Both the numerator and denominator of financial ratios come directly from the balance sheet.
C. Income statement ratios compare one 'flow' item from the income statement to another flow item from the income statement.
D. Income statement ratios compare a flow item from the income statement to another flow item form the income statement
E. All of these

9. Pick up the correct statement from the following:
Options
A. A NPV profile graph shows the curvilinear relationship between the net present value of the project and discount rate employed.
B. In a NPV profile, if discount rate is zero, then net present value is simply total cash inflows less the total cash outflows of the project.
C. As the discount rate increases, the net present value profile slopes downward to the right.
D. All of these

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