Under what circumstances is the investment with the shortest payback the best choice? How should managers use the payback method?
What will be an ideal response?
The investment with the shortest payback is the best only if all other factors are the same. Managers should use the payback method as a screening device to eliminate investments that will take too long to recoup the initial investment.
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A systems analyst analyzes a business problem that might be addressed by an information system and recommends software or systems to address that problem.
Answer the following statement true (T) or false (F)
U.S. GAAP and IFRS require firms to disclose the fair value of long-term notes and bonds in notes to the financial statements. Fair value is
a. the amount the firm would pay to settle the debt on the date of the balance sheet. b. the current market price in the case of items that trade in active markets. c. the present value of the contractual cash flows discounted at a current market interest rate that reflects all the factors that market participants would consider, including the item's credit risk. d. all of the above e. none of the above
Psychological resistance and sociological resistance are ________.
A. not illogical B. logical according to different sets of values C. not irrational D. all of these
Much of contemporary management knowledge was defined in the ______ following World War II.
A. Japan B. Germany C. Great Britain D. United States