Which of the following statements regarding the profitability index is true?
A) A profitability index greater than 1.0 means that the investment will take longer than one year to pay for itself.
B) A profitability index greater than 1.0 means that the investment should not be made.
C) When comparing projects, the one with the highest profitability index will have a longer payback period.
D) When comparing projects, the one with the highest profitability index is preferred.
D
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GASB requires which of the following (if applicable) to be included in the Notes to Financial Statements?
A. The definition of cash and cash equivalents used in the statement of cash flows for proprietary funds B. Outstanding encumbrances C. Interfund receivables and payables D. All of the choices are correct
A contract is created when ________.
A. the acceptance has been received by the offeror B. an acknowledgement is sent by the offeror to the offeree of receiving an acceptance C. the offeree mails the acceptance D. a written acceptance has been passed between the offeror and the offeree
Both analog and digital information can be encoded as either
analog or digital signals. Indicate whether the statement is true or false
A data processing facility may depart in varying degrees from the
centralized data processing organization by implementing a DDP strategy. Indicate whether the statement is true or false