List two strengths and one weakness of the accounting rate of return capital budgeting method.
What will be an ideal response?
Strengths:
1. The only method that uses accrual accounting figures
2. Measures the profitability of the asset over its entire life
Weaknesses:
1. Ignores the time value of money
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Organizational mission statements accomplish which of the following?
A. They offer a standard format for reporting the missions of top-performing organizations. B. They summarize the policies of the organization that employees must follow. C. They deliver specific and detailed information to target publics. D. They help employees set priorities and goals related to the company's mission. E. They spell out the organization's future goal and strategy.
The first stage of the product development process is?
a. Product and process design b. Idea generation c. Concept development d. Screening and analysis
Because systematic risk measures how much an asset's return co-moves with the market, it ________
A) can be diversified away with the appropriate hedging B) cannot be diversified away C) is partially driven by idiosyncratic risk D) can be completely eliminated using international securities
Members who violate the rules of a stock exchange can face:
a. suspension of from the exchange b. expulsion from the exchange c. a warning, but no permanent expulsion d. a and b are correct e. none of the other choices are correct