Test Bank for Engineering Economics Financial Decision Making for Engineers Canadian 6th edition by Niall M. Fraser , All chapters

Test Bank for Engineering Economics Financia
m. m. m. m. m.



l Decision Making for Engineers Canadian 6th
m. m. m. m. m. m. m.



edition

, TEST Bank m.




Engineering Economics
m.



6th Edition
m.




Niallm.M.m.Fraser


Elizabethm.M.m.Jewkes


Mehrdadm.Pirnia

,Engineeringm.Economics,m.6em.(Fraser/Pirnia)
m.Chapterm.1m . Engineeringm.Decisionm.Maki
ng

1.1 Multiplem.Choicem.Questions

1) Evaluationm.ofm.anm.engineeringm.projectm.involvesm.them.followingm.constraints
A) financial,m.environmental,m.socialm.andm.politicalm.constraints.
B) technicalm.andm.financialm.constraints.
C) technologicalm.andm.socialm.constraints.
D) timem.andm.moneym.constraints.
E) budgetm.andm.timem.constrain
ts.m.Answer:m . A
Diff:m.1 Type:m.MC
Pagem.Ref:m.3m.Topic:m.1.1.m.En
gineeringm.decisionm.makingm.Skill:m . Re
call
Type:m . Qualitative

2) Engineeringm.economicsm.is
A) am.bodym.ofm.knowledgem.tom.determinem.whichm.ofm.severalm.alternativem.ism.technicallym.best.
B) am.collectionm.ofm.techniquesm.form.quantitativem.analysism.tom.selectm.am.preferablem.alterna
tivem.fromm.severalm.technicallym.viablem.ones.
C) am.setm.ofm.toolsm.tom.calculatem.anm.engineeringm.project'sm.costs.
D) am.setm.ofm.rulesm.tom.evaluatem.anm.engineeringm.project.
E) am.setm.ofm.methodsm.tom.determinem.anm.engineeringm.project'sm.costsm.inm.termsm.ofm.timem.valu
em.ofm.money.m.Answer:m . B
Diff:m.1 Type:m.MC Pagem.Ref:m.3
Topic:m.1.2.m.Whatm.ism.engineeringm.economics
m.Skill:m . Recall
Type:m . Qualitative

3) Fromm.anm.economicm.standpoint,m.anym.engineeringm.projectm.canm.bem.thoughtm.ofm.inm.termsm.of
A) itsm.costsm.andm.benefitsm.overm.time.
B) itsm.constraints.
C) itsm.receiptsm.andm.disbursements.
D) itsm.revenuesm.andm.profitsm.overm.time.
E) itsm.investmentm.andm.costsm.overm.ti
me.m.Answer:m . A
Diff:m.1 Type:m.MC Pagem.Ref:m.3
Topic:m.1.2.m.Whatm.ism.engineeringm.economics
m.Skill:m . Recall
Type:m . Qualitative




1
©m.2017m.Pearsonm.Canadam
.Inc.

, 4) Inm.them.contextm.ofm.yourm.textbook,m.abstractionm.means
A) am.study.
B) am.method.
C) am.methodology.
D) am.model.
E) anm.approach
.
Answer:m . D
Diff:m.1 Type:m.MC
Pagem.Ref:m.6m.Topic:m.1.4.
m.Dealingm.withm.abstractionsm.Skill:m
. Recall
Type:m . Qualitative

5) Whenm.anm.engineerm.preparesm.am.feasibilitym.study,m.whatm.economicm.informationm.mustm.shem.
possessm.inm.orderm.tom.dom.itm.correctly?
A) engineeringm.specification
B) expertm.opinionm.aboutm.thism.project
C) macroeconomicm.situationm.inm.them.world
D) potentialm.futurem.costsm.andm.benefitsm.ofm.them.project
E) them.levelm.ofm.uncertain
tym.Answer:m . D
Diff:m.2 Type:m.MC
Pagem.Ref:m.6m.Topic:m.1.4.
m.Dealingm.withm.abstractionsm.Skill:m
. Applied
Type:m . Qualitative

6) Inm.whichm.ofm.them.followingm.problemsm.dom.youm.needm.engineeringm.economics?
A) tom.choosem.am.coursem.inm.yourm.program
B) tom.chosem.them.rightm.textbook
C) tom.decidem.whetherm.tom.borrowm.moneym.fromm.parentsm.orm.fromm.am.bank
D) tom.decidem.whetherm.orm.notm.tom.buym.am.car
E) tom.decidem.wherem.tom.spendm.summerm.vac
ationm.Answer:m . C
Diff:m.2m.Type:m.MCm.Pagem.Ref:m.6-
8m.Topic:m.1.4.m.Dealingm.withm.abstra
ctionsm.Skill:m . Applied
Type:m . Qualitative




2
©m.2017m.Pearsonm.Canadam
.Inc.