MCQ Questions Civil Engineering Economics

Take a look at these MCQ Questions Civil Engineering Economics for engineering interview questions and our tips on how to answer them. If you’re applying for an engineering internship, graduate scheme or entry-level job, you will face at least one interview as part of an engineering employer’s recruitment process. You may be interviewed by one or more members of the HR team, senior members of the engineering team you’d be joining or a mixture of both. In this section we will study MCQ Questions Civil Engineering Economics.

As well as questions about your reasons for applying to the role and the employer in question, engineering recruiters will be assessing your potential in the areas that is crucial to any engineering role: technical expertise. Engineers may be asked to perform feats of fantastic technical prowess, but it will be as as part of a Justice League rather than as a solo engineering superhero.

The interviewer is almost as nervous as the candidate in most interviews. You might wonder if you look confident enough, if you will hire the right person, or if you are asking the right engineering interview questions. The last question is arguably the most crucial part to worry about when you’re interviewing candidates.

The best engineering interview questions to ask candidates should be questions that reveal they have the skills required for the job. If you need a problem solver, ask questions about past experiences. If they need to have a specific skill set, ask them directly about their skills. This chapter consisting Electrical engineering MCQ Questions Civil Engineering Economics.

There are six major branches of engineering which include Electrical, Mechanical, Civil, Management, Geotechnical, and Chemical with many different subcategories under each main branch of engineering such as Structural or Biomedical engineering.

This article will get into the top engineering interview questions to ask candidates, eight types of interview questions, how to choose the questions you ask, and then will list excellent questions you can choose from. Let’s jump right in.

You can practice interviews using the resources available from our partners. MCQ Questions Civil Engineering Economics are given below.

MCQ Questions Civil Engineering Economics - Set -

Duration of the Quiz - 600 seconds

Created on July 01, 2022 By

Team_Engineers

Multiple Choice Questions Civil Engineering Economics - 5

Multiple Choice Questions

Civil Engineering

Engineering Economics

1 / 10

1. A machine costs of Rs. 8,000 and an estimated life of 10 years with a salvage value of Rs. 500. What is its book value after 8 years using straight line method?

A. Rs. 2,000.00

B. Rs. 2,100.00

C. Rs. 2,200.00

D. Rs. 2,300.00

2 / 10

2. ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method.

A. 7 Years

B. 8 years

C. 9 years

D. 10 years

3 / 10

3. What is defines as the analysis and evaluation of the monetary consequences by using the theories and principles of economics to engineering applications, designs and projects?

A. Economic Analysis

B. Engineering cost analysis

C. Engineering economy

D. Design cost analysis

4 / 10

4. A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand?

A. 1.0 hour per unit

B. 1.2 hours per unit

C. 1.4 hours per unit

D. 1.6 hours per unit

5 / 10

5. Shell Philippines, a multinational company, has a total gross income for a particular year of Rs. 50,000,000. The taxable income after taking all deductions except for depletion is Rs. 18,500,000. What is the allowable depletion allowance for that particular year? Take percentage of gross income for oil as 22%.

A. Rs. 9,358.41

B. Rs. 9,228.45

C. Rs. 9,250.00

D. Rs. 9,308.45

6 / 10

6. An asset is purchased for Rs. 9,000.00. Its estimated economic life is 10 years after which it will be sold for Rs. 1,000.00. Find the depreciation in the first three years using sum-of-years digit method.

A. Rs. 3,279.27

B. Rs. 3,927.27

C. Rs. 3,729.27

D. Rs. 3,792.72

7 / 10

7. A telephone switchboard 100 pair cable can be made up with either enameled wire or tinned wire. There will be 400 soldered connections. The cost of soldering a connection on the enameled wire will be P 1.65 on the tinned wire, it will be P 1.15. A 100- pair cable made up with enameled wire cost P 0.55 per linear foot and those made up of tinned wire cost P 0.75 per linear foot. Determine the length of cable run in feet so that the cost of each installation would be the same.

A. 1,000 feet

B. 1,040 feet

C. 1,100 feet

D. 1,120 feet

8 / 10

8. The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion.

A. $ 5,000,000.00

B. $ 5,010,000.00

C. $ 5,025,000.00

D. $ 5,050,000.00

9 / 10

9. A manufacturer produces certain items at a labor cost of Rs. 115 each, material cost of Rs. 76 each and variable cost of Rs. 2.32 each. If the item has a unit price of Rs. 600, how many units must be manufactured each month for the manufacturer to break even if the monthly overhead is Rs.428,000

A. 1,033

B. 1,037

C. 1,043

D. 1,053

10 / 10

10. A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of Rs. 900.00 a pair and a material cost of Rs. 800.00 a pair. The fixed charges on the business are Rs. 5,000,000 a month and the variable costs are Rs. 400.00 a pair. Royalty to Lebron James is Rs. 1,000 per pair of shoes sold. If the shoes sell at Rs. 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even?

A. 2.590

B. 2,632

C. 2,712

D. 2,890

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MCQ Questions Civil Engineering Economics

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