Chemical Engineering Mcqs


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  • What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents ?
  • The functional depreciation is sometimes called ____________________?
  • What type of depreciation is due to the reduction of the physical ability of an equipment or asset to produce results ?
  • What type of depreciation is due to the reduction in the demand for the function that the equipment or asset was designed to render ?
  • What refers to the present worth of cost associated with an asset for an infinite period of time ?

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