Question

The savings in annual road user costs, annual savings in accident costs and capital cost of Improvement are parameters used in ___________

(a) annual cost method

(b) rate of return method

(c) benefit cost ratio

(d) capital recovery fund

This question was posed to me by my school teacher while I was bunking the class.

My enquiry is from Design of Road Pavement topic in chapter Valuation, Reports Technical and Design Data of Civil Engineering Drawing

Answer 1

The correct answer is (b) rate of return method

To elaborate: The transport laboratory of London has developed this method in which a rate of return is obtained by these parameters, the remaining methods don’t require these parameters.