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In engineering economic analysis, it is permissible to sum dollar amounts without conversion only when __________ .

User Whirl Mind
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1 Answer

4 votes

Answer:

they occur at the same time

Step-by-step explanation:

What this means is that if let's say on a particular cash record we have two transactions on the same date: For example,

  • 11th/20/2020 received $50 from Jude and received $950 from Paul to pay his credit balance.
  • 12th/20/2020

Only the two transactions on the 11th are permissible to sum the dollar amounts without conversion.

User Tommy McGuire
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