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APSC 221 Midterm 1 Question and answers correctly solved 2024/2025
APSC 221 Midterm 1 Question and answers correctly solved 2024/2025 APSC 221 Midterm 1, MC Qs 
 
Sunk costs should be included in an engineering economic analysis. T or F - correct answer False 
 
The arrow on the graph is pointing to the breakeven point. T or F - correct answer True 
 
_______ are costs that are difficult to attribute or allocate to a specific output or work activity. 
 
Standard costs 
Indirect costs 
Variable costs 
Sunk costs - correct answer Indirect costs 
 
One reas...
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APSC 221 Midterm 1 Question and answers correctly solved 2024/2025 APSC 221 Midterm 1, MC Qs 
 
Sunk costs should be included in an engineering economic analysis. T or F - correct answer False 
 
The arrow on the graph is pointing to the breakeven point. T or F - correct answer True 
 
_______ are costs that are difficult to attribute or allocate to a specific output or work activity. 
 
Standard costs 
Indirect costs 
Variable costs 
Sunk costs - correct answer Indirect costs 
 
One reas...
APSC 221 Midterm 1 Question and answers verified to pass 2024/2025
APSC 221 Midterm 1 Question and answers verified to pass 2024/2025 APSC 221 Midterm 1 
 
The general Price-Demand relationship can be expressed as a linear function. - correct answer True 
 
Sunk costs should be included in an engineering economic analysis. - correct answer False 
 
A manufacturing company rents a building for $50,000 a year. It makes a product that costs $21.9 in labour and materials for each unit manufactured. This product can be sold for $36 per unit. How many units mus...
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APSC 221 Midterm 1 Question and answers verified to pass 2024/2025 APSC 221 Midterm 1 
 
The general Price-Demand relationship can be expressed as a linear function. - correct answer True 
 
Sunk costs should be included in an engineering economic analysis. - correct answer False 
 
A manufacturing company rents a building for $50,000 a year. It makes a product that costs $21.9 in labour and materials for each unit manufactured. This product can be sold for $36 per unit. How many units mus...
APSC 221 MC Question and answers already passed 2024/2025
APSC 221 MC Question and answers already passed 2024/2025 APSC 221 MC 
 
The general price-demand relationship can be expressed as a linear function. (T/F) - correct answer True 
 
A license fee is an example of an incremental cost. (T/F) - correct answer False 
 
One reason why perfect monopolies rarely occur in practice is because: 
a) few products are so unique that substitutes cannot be used. 
b) a large number of vendors can supply the same product. 
c) additional suppl
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APSC 221 MC Question and answers already passed 2024/2025 APSC 221 MC 
 
The general price-demand relationship can be expressed as a linear function. (T/F) - correct answer True 
 
A license fee is an example of an incremental cost. (T/F) - correct answer False 
 
One reason why perfect monopolies rarely occur in practice is because: 
a) few products are so unique that substitutes cannot be used. 
b) a large number of vendors can supply the same product. 
c) additional suppl
APSC 221 Final Question and answers 100% correct 2024/2025
APSC 221 Final Question and answers 100% correct 2024/2025 APSC 221 Final ( third half of terms) 
 
and ________ is a favourable set of circumstances that creates a need for a new product or service - correct answer oppertunity 
 
what is the difference between an entrepreneur and an intrapreneur - correct answer intrapreneur- within the firm, does not possess the risks associated with entrepreneurship- often has resources at disposal 
 
what is involved in the window of opportunity - corr...
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APSC 221 Final Question and answers 100% correct 2024/2025 APSC 221 Final ( third half of terms) 
 
and ________ is a favourable set of circumstances that creates a need for a new product or service - correct answer oppertunity 
 
what is the difference between an entrepreneur and an intrapreneur - correct answer intrapreneur- within the firm, does not possess the risks associated with entrepreneurship- often has resources at disposal 
 
what is involved in the window of opportunity - corr...
APSC 221 FINAL M Question and answers rated A+ 2024/2025
APSC 221 FINAL M Question and answers rated A+ 2024/2025 APSC 221 FINAL M/C, exam, APSC 221 Final Exam, Chapter 7 Risk Management 
 
Parametric cost estimating is the use of historical cost data and statistical techniques to predict ________ costs - correct answer future 
 
Decisional equivalence is a consequence of the __________ on the part of a decision maker among available choices - correct answer indifference 
 
Market equivalence is a consequence of the ability to _________ one cash ...
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APSC 221 FINAL M Question and answers rated A+ 2024/2025 APSC 221 FINAL M/C, exam, APSC 221 Final Exam, Chapter 7 Risk Management 
 
Parametric cost estimating is the use of historical cost data and statistical techniques to predict ________ costs - correct answer future 
 
Decisional equivalence is a consequence of the __________ on the part of a decision maker among available choices - correct answer indifference 
 
Market equivalence is a consequence of the ability to _________ one cash ...
APSC 221 FINAL M Questions with complete solution 2024/2025
APSC 221 FINAL M Questions with complete solution 2024/2025 APSC 221 FINAL M/C 
 
There may be uncertainty estimating project parameter values as a result of - correct answer 1. technological change 
2. change in sales volume or market share 
3. inflation 
4. general economic activity levels within an industry 
 
There are many useful resources in cost and revenue estimating, such as - correct answer 1. the building code 
2. accounting records 
3. market analysis 
4. general economic activi...
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APSC 221 FINAL M Questions with complete solution 2024/2025 APSC 221 FINAL M/C 
 
There may be uncertainty estimating project parameter values as a result of - correct answer 1. technological change 
2. change in sales volume or market share 
3. inflation 
4. general economic activity levels within an industry 
 
There are many useful resources in cost and revenue estimating, such as - correct answer 1. the building code 
2. accounting records 
3. market analysis 
4. general economic activi...
APSC 221 Final Exam Question and answers correctly solved 2024/2025
APSC 221 Final Exam Question and answers correctly solved 2024/2025 APSC 221 Final Exam 
 
The undepreciated capital cost (UCC) is the remaining book value for the assets subject to depreciation for taxation purposes, which may or may not ____________. - correct answer differ from the market or salvage value 
 
For any given year, the UCC balance can be calculated as follows: - correct answer UCCopening + additions - disposals - CCA = UCCEnding 
 
There are nine phases to a comprehensive p...
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APSC 221 Final Exam Question and answers correctly solved 2024/2025 APSC 221 Final Exam 
 
The undepreciated capital cost (UCC) is the remaining book value for the assets subject to depreciation for taxation purposes, which may or may not ____________. - correct answer differ from the market or salvage value 
 
For any given year, the UCC balance can be calculated as follows: - correct answer UCCopening + additions - disposals - CCA = UCCEnding 
 
There are nine phases to a comprehensive p...
APSC 221 Final Exam Question and answers verified to pass 2024/2025
APSC 221 Final Exam Question and answers verified to pass 2024/2025 APSC 221 Final Exam 
 
Working capital refers to the funds required for current assets that are needed for the start-up and support of operational activities. (T/F) - correct answer True 
 
A license fee is an example of an incremental cost. (T/F) - correct answer False 
 
One reason why perfect monopolies rarely occur in practice is because: 
 
a) Few products are so unique that substitutes cannot be used. 
b) A large nu...
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- Examen
- • 15 páginas •
APSC 221 Final Exam Question and answers verified to pass 2024/2025 APSC 221 Final Exam 
 
Working capital refers to the funds required for current assets that are needed for the start-up and support of operational activities. (T/F) - correct answer True 
 
A license fee is an example of an incremental cost. (T/F) - correct answer False 
 
One reason why perfect monopolies rarely occur in practice is because: 
 
a) Few products are so unique that substitutes cannot be used. 
b) A large nu...
APSC 221 FINAL Question and answers verified to pass 2024/2025
APSC 221 FINAL Question and answers verified to pass 2024/2025 APSC 221 FINAL 
 
The general Price-Demand relationship can be expressed as a linear function. (T/F) - correct answer True 
 
When alternatives for accomplishing a specific task are being compared over one year or less (time value of money is ignored) they can be referred to as: - correct answer Present economy studies 
 
One reason why perfect monopolies rarely occur in practice is because: - correct answer Few products are ...
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- Examen
- • 23 páginas •
APSC 221 FINAL Question and answers verified to pass 2024/2025 APSC 221 FINAL 
 
The general Price-Demand relationship can be expressed as a linear function. (T/F) - correct answer True 
 
When alternatives for accomplishing a specific task are being compared over one year or less (time value of money is ignored) they can be referred to as: - correct answer Present economy studies 
 
One reason why perfect monopolies rarely occur in practice is because: - correct answer Few products are ...
APSC 221 Question and answers already passed 2024/2025
APSC 221 Question and answers already passed 2024/2025 APSC 221 
 
Sunk costs should be included in an engineering economic analysis - correct answer False 
 
Decisional equivalence is a consequence of the ________ on the part of a decision maker among available choices. 
 
 
a. indifference 
 
 
b. market analysis 
 
 
c. study of general economic activity levels within an industry 
 
 
d. understanding - correct answer a. indifference 
 
T/F: Efficiency means achieving the organizatio...
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APSC 221 Question and answers already passed 2024/2025 APSC 221 
 
Sunk costs should be included in an engineering economic analysis - correct answer False 
 
Decisional equivalence is a consequence of the ________ on the part of a decision maker among available choices. 
 
 
a. indifference 
 
 
b. market analysis 
 
 
c. study of general economic activity levels within an industry 
 
 
d. understanding - correct answer a. indifference 
 
T/F: Efficiency means achieving the organizatio...
HIMT 1100 MIDTERM Question and answers already passed 2023/2024
BSN 266 HESI V2 Question and answers already passed 2024
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PNR 106 Exam 2 Question and answer already solved 2023
ATC Basics Final Review Question and answers 100% correct 2023
RESNA ATP Practice Question and answers 100% correct 2023