Construction Management (2180611) MCQs

MCQs of Construction economics

Showing 11 to 15 out of 15 Questions
11.
Which type of problems can be solved by present worth comparison method?
(a) Alternative with equal life
(b) Alternatives with unequal life
(c) Alternatives with infinite life
(d) All of the above
Answer:

Option (d)

12.
Common multiple method is a sub-type of which equivalence method?
(a) Alternative with equal life
(b) Alternatives with unequal life
(c) Alternatives with infinite life
(d) None of the above
Answer:

Option (b)

13.
Which of these is not a sub-type of Rate of Return method?
(a) Minimum Attractive Rate of Return
(b) Maximum Rate of Return
(c) Internal Rate of Return
(d) Incremental Rate of Return
Answer:

Option (b)

14.
Benefit/cost ratio method can be used for __________.
(a) To check the economic viability of project
(b) To rank the economic viability of alternatives
(c) Both A and B
(d) None of the above
Answer:

Option (c)

15.
Benefit/Cost ratio less than 1 denotes _________.
(a) Benefit to public is less than cost to government
(b) Benefit to pubic is more than cost to government
(c) Benefit to public and cost to government both less
(d) Benefit to public and cost to government both high
Answer:

Option (a)

Showing 11 to 15 out of 15 Questions