Professional Courses
Industry-relevant training in Business, Technology, and Design to help professionals and graduates upskill for real-world careers.
Categories
Interactive Games
Fun, engaging games to boost memory, math fluency, typing speed, and English skills—perfect for learners of all ages.
Typing
Memory
Math
English Adventures
Knowledge
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What are the two main components of equipment costs?
💡 Hint: Think about costs incurred with and without usage.
Question 2
Easy
What does depreciation refer to?
💡 Hint: Consider how equipment changes from purchase to sale.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What is the main purpose of equipment cost estimation?
- To improve communication
- To ensure profitability
- To increase project duration
💡 Hint: Consider what can happen if costs are underestimated.
Question 2
True or False: Operating costs only occur when the equipment is idle.
- True
- False
💡 Hint: Think about when you incur costs for operating machinery.
Solve and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
A construction equipment has an initial cost of $100,000, expected to be used for 10 years. The salvage value is estimated at $10,000. Calculate the annual depreciation using the straight-line method.
💡 Hint: Use the formula for straight-line depreciation.
Question 2
If a project's total ownership cost is $50,000 and it must cover both ownership and operating costs which are 60% ownership and 40% operating, how much can be allocated to operating costs?
💡 Hint: Calculate percentage of total costs for allocation.
Challenge and get performance evaluation