The net present value method works on the premise that a dollar today
a. is worth less than a dollar in the future.
b. is worth the same in the future.
c. is worth more than a dollar in the future.
d. cannot be measured in future dollars.
ANSWER: c
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This organization developed a set of criteria that provide management with a basis to evaluate controls not only over financial reporting, but also over the effectiveness and efficiency of operations and compliance with laws and regulations:
A. Committee of Sponsoring Organizations. B. Cohen Commission. C. Financial Accounting Standards Board. D. Foreign Corrupt Practices Corporation.
Revenues measure the inflow of net assets from operating activities
Indicate whether the statement is true or false
For backward vertical integration into the business of suppliers to be a viable and profitable strategy, a company
A. must be able to achieve the same scale economies as outside suppliers and match or beat suppliers' production efficiency with no drop-off in quality. B. needs to have a wide product line, so it can supply parts and components for many products. C. must have excess production capacity so that it has an ample in-house ability to undertake additional production activities. D. must first be a proficient manufacturer. E. should have a distinctive competence in production process technology and at least a core competence in manufacturing R&D.
PERT stands for?
a. Program Evaluation and Review Technique b. Program Experience Restoration Technique c. Project Extension and Reduction Technique d. Project Evaluation and Review Technique