Apsc 221 - Study guides, Class notes & Summaries

APSC 221 Question and answers verified to pass 2024/2025 APSC 221- Chapter 2 Notes what are some categories of costs and revenues that are typically needed in an engineering economic study - correct answer - capital investment (fixed and working) - labour costs - material costs - maintenance - property taxes and insurance - overhead costs - disposal costs - revenues

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 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 Multiple Choice Question and answers verified to pass 2024/2025 APSC 221 Multiple Choice (Midterm 2) capital purchases cannot - correct answer be fully claimed as an expense in the year in which the purchase occured savings - correct answer increase the profits of a firm and therefore they are taxed progressive tax rate - correct answer personal income taxes usually exhibit a _________ effective cost of purchasing an asset - correct answer less than its first cost ...

APSC 221 Chapter 17 Question and answers correctly solved 2024/2025 APSC 221 Chapter 17: Managing the Business Enterprise Management: - correct answer the process of planning, organizing, leading and controlling an enterprise's financial, physical, human and information resources to achieve the organization's goals Efficiency: - correct answer achieving the greatest level of output with a given amount of input Effectiveness: - correct answer achieving organizational goals th...

APSC 221 Midterm 2 Question and answers already passed 2024/2025 APSC 221 Midterm 2 - Replacement Decisions The Four Mutually Exclusive Choices of Evaluation - correct answer 1. An existing asset may be kept in its current use without major change 2. An existing asset may be overhauled to improve performance. 3. An existing asset may be removed without replacement. 4. An existing asset may be replaced with another asset. The Defender - correct answer The existing physical asset. ...

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 Chapter 1 Question and answers correctly solved 2024/2025 APSC 221 Chapter 1-6 Fixed cost - correct answer those unaffected by changes in activity level over a feasible range of operations for the capacity or capability available Ex. Insurance, general management and administration salaries disbursement - correct answer money spent receipt - correct answer money recieved Variable cost - correct answer those associated with an operation that varies in total with the...

APSC 221 Quiz Multiple Choice Question and answers correctly solved 20224/2025 APSC 221 Quiz Multiple Choice indirect costs - correct answer costs that are difficult to attribute or allocate to a specific output or work activity present economy studies - correct answer when alternatives for accomplishing a specific task are being compared over one year or less (i.e. the time value of money is ignored) parametric cost estimating - correct answer the use of historical cost data an...

APSC 221 Chapter 12 Question and answers rated A+ 2024/2025 APSC 221 Chapter 12: Change Management Change management ensures and enables... - correct answer Ensures that whatever is changed will not disrupt the workings of the whole machine. And enables the effective execution of the relevant change management activities required to make a change occur Change initiatives can be categorized into three main types: - correct answer 1) Transformational change 2) Bounded change 3) Delive...