Engineering Economy - Engineering

Q1:

Pick up the correct statement from the following:

A The capital required to get a project started is the first cost.

B The first cost is a single cash flow or a series of cash flows that are made in the beginning of the activity's life span

C The first cost of purchasing a car is the sum of the down payment, taxes and dealers charges.

D All of these

ANS:D - All of these

No answer description is available.