Which of the following is NOT correct concerning the summary, conclusions, and recommendations of a formal report?
a. An informational report typically ends with a summary and has no conclusions or recommendations.
b. An analytical report typically has no summary but has conclusions and recommendations.
c. For short reports, the writer may place the summary, conclusions, and recommendations together in one section.
d. All of the above are correct.
B
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Cascading is essential to promoting consistency in goals. Which three criteria must be met for goal cascading to be successful? Describe and explain each criterion.
What will be an ideal response?
Which of the following are fundamental concepts that nonfinancial managers need to understand?
A) How current business conditions can affect the firm's performance. B) How to project financial statements and future investment needs. C) How capital markets work to raise long-term capital. D) All of the above.
There was bribery involved in the award of the Winter Olympics 2002 to Salt Lake City
Indicate whether the statement is true or false
A firm has three independent projects under consideration each with a required rate of return of 10%/ The total projects budget is only $2,000. Project X has an initial investment of $2,000 and a single cash flow in year one of $2,360
Project Y has an initial investment of $1,000 and a single cash flow in year one of $1,200. Project Z has an initial investment of $1,000 and a single cash flow in year one of $1,170. Calculate the IRR and NPV for each of these projects. If we assume that we cannot "repeat" these projects (i.e., we cannot do project Z twice) which project or combination of projects should the firm undertake? Why?