Which of the following statements is false?
a. There is a relationship between time and relevance.
b. An opportunity cost represents the benefits foregone because one course of action is chosen over another.
c. Incremental revenue and differential revenue are not the same thing.
d. If machine A has an annual operating cost of $30,000 and machine B has an annual operating cost of 26,000 the incremental cost of the 2 machines is $4,000.
c
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When are sunk costs omitted from decision analysis?
A) Always B) Never C) Only if necessary D) Only if they are immaterial
The largest source of information that flows through an organization comes from
A. competitive intelligence. B. internal company data. C. external company data. D. predictive models.
When the House and Senate versions of a tax bill are not in agreement, the disagreements are resolved by the
A. Mediation Committee. B. Conference Committee. C. Ways and Means Committee. D. Revenue Committee.
Suppose that the price of the underlying stock for aconvertible bond is considerably higher than theconversion price. What would expect that convertiblebond's delta to be?
What will be an ideal response?