Answer the following statements true (T) or false (F)

1) When evaluating a potential investment, managers should use only one measure for making a sound investment decision.
2) Many service, merchandising, and manufacturing firms use discounted cash flow methods to make capital investment decisions.
3) An operational asset used for a long period of time is known as a capital asset.
4) The acquisition or construction of a capital asset is known as a capital investment.


1) FALSE
2) TRUE
3) TRUE
4) TRUE

Business

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If there is no beginning work in process inventory and the ending work in process inventory is 90 percent complete, the number of equivalent units would be:

a. The same as the units placed in process. b. The same as the units completed. c. Less than the units placed in process. d. Less than the units completed.

Business

The Securities Exchange Act of 1934 expressly provides for a private right of action for violations

of Section 10(b) and Rule 10b-5. Indicate whether the statement is true or false

Business

In deciding whether to accept a special pricing order, management should only consider the quantitative data and disregard qualitative factors

Indicate whether the statement is true or false

Business

What is the frequency of Training C?


a. 0.1
b. 0.2
c. 1
d. 2

Business