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Question
Which one of the following is not a construction estimate?
Options
A. Initial feasibility estimate
B. Conceptual preliminary budget
C. Definite estimate
D. None of these
Correct Answer
None of these
Engineering Economy problems
Search Results
1. The financial analysis :
Options
A. helps a share holder to compare the expected return on his investment in the firm against the expected return from other alternative investment.
B. helps a bank to know the financial position of the firm for granting a loan to the firm.
C. helps to judge the success of the firm's financial plans.
D. All of these.
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Correct Answer: All of these.
2. Pick up the correct statement from the following:
Options
A. The capital required to get a project started is the first cost.
B. The first cost is a single cash flow or a series of cash flows that are made in the beginning of the activity's life span
C. The first cost of purchasing a car is the sum of the down payment, taxes and dealers charges.
D. All of these
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Correct Answer: All of these
3. Pick up the main purpose of project cost control from the following :
Options
A. To signal immediate warning of uneconomic operations
B. To provide a feed back to the estimator
C. To promote cost consciousness
D. All of these
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Correct Answer: All of these
4. Which method is adopted to develop an approximate or conceptual estimate for perimeter works for buildings from the following:
Options
A. Base unit method
B. Cost per function method
C. Cost per square metre method
D. Cost per cubic metre method
E. Cost per linear metre method
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Correct Answer: Cost per linear metre method
5. Pick up the correct statement from the following:
Options
A. The ratio of current assests, loans and advances, and the current liquidity is called current ratio.
B. Larger the current ratio, larger is the margin of safety.
C. The operating profit is the difference between gross profit and operating expenses.
D. All of these
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Correct Answer: All of these
6. Pick up the method used for project evaluation and selection in capital budgetting from the following:
Options
A. pay back period
B. Internal ratio of return
C. Net present worth
D. Profitability index
E. All the above
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Correct Answer: All the above
7. Pick up the correct statement from the following:
Options
A. Uniform series compound amount factor =
B. Uniform series present worth factor =
C. Sinking fund factor =
D. Capital recovery factor =
where letters carry their usual meanings.
E. All of these
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Correct Answer: All of these
8. A project construction cost estimate includes:
Options
A. the labour and material cost
B. the equipment and over head cost
C. the profit of the contractor
D. All of these
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Correct Answer: All of these
9. Keeping in view, the feasibility order of magnitude, the preliminary, conceptual or budget estimates, are prepared by :
Options
A. architect/engineer
B. construction manager
C. owner himself/herself
D. construction manager
E. None of these
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Correct Answer: owner himself/herself
10. The owner of the construction company makes use of the estimate :
Options
A. to determine the capital investment costs.
B. to assist in financial arrangements
C. to determine economic feasibility of the project.
D. to determine the tax, insurance and evaluation purpose.
E. All of these
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Correct Answer: All of these
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