Final Exam 2003 - Final Exam 180:305 December 2003 1 The...

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180:305 December, 2003 1. The difference between the expense curve and the revenue profile is the: a) manpower requirement b) overdraft c) retainage d) direct expense 2. Mobilization payments are used to reduce: a) project costs b) retainage c) overdraft d) depreciation 3. Which of the following is one of the 4 M’s of construction: a) Malpractice b) Manpower c) Mayhem d) Montreal 4. Why does a construction contractor need to know the maximum overdraft requirement? a) To plan material shipments. b) To schedule the project. c) To plan a depreciation schedule. d) To arrange a line of credit at the bank. 5. When a private developer builds a project long term financing is provided by the: a) Pro forma b) Mortgage loan c) Construction loan d) Bonds 6. Depreciation of equipment can be used to: a) Reduce income taxes b) Generate funds to pay for replacement equipment c) Neither a or b d) Both a and b 7. The MACRS is an accelerated depreciation method. T or F 8. What method of depreciation was used on the Alaska pipeline project? a) MACRS
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This note was uploaded on 01/09/2009 for the course CIVIL ENGI 180:305 taught by Professor Williams during the Fall '07 term at Rutgers.

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Final Exam 2003 - Final Exam 180:305 December 2003 1 The...

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