Capital rationing uses the following measures to determine the funding of projects except
A) Ranks the proposals with the available funds.
B) Determines whether the project should be funded by using operating cash or the issuance of bonds.
C) Establish minimum standards by applying the cash payback and the average rate of return.
D) Qualitative factors are considered.
B
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The chief criticism of Milton Friedman’s philosophy suggests that businesses following his advice would often ______.
a. pay more in taxes than is due b. weaken their relationship with shareholders c. fail to compete effectively in the marketplace d. deliberately act unethically in the pursuit of profits
Jeff is a financial advisor. He belongs to two different organizations for financial advisors, and he likes to go to their annual meetings. The financial organizations that Jeff belongs to are examples of
Which of the following is not a characteristic of a defined benefit plan?
a. The employee makes all contributions to the plan. b. Benefits may be paid as a single lump sum amount at retirement date. c. Benefits can be based on career average salary. d. In all cases, the value of pension benefits is directly related to the employee’s years of service.
Only entry-level employees require pre-training
Indicate whether the statement is true or false