Which model reviews projects over a long horizon and measures the results of major activities taken to support the overall vision, mission, and goals of the organization? This model helps answer two questions: "Did we select the right projects?" and "Did the project contribute to the long-range strategic direction of the firm?"
A. Balance scorecard
B. Retrospective and lessons learned
C. Phase gate
D. Maturity
E. Project office
Answer: A
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Brand personality analysts identified the popular music channel MTV as daring, spirited, and highly imaginative. As per Jennifer Aaker's research, which of the following brand personality traits best suits MTV?
A) excitement B) sincerity C) competence D) ruggedness E) sophistication
Janko Wellspring Inc. has a pump with a book value of $24,000 and a four-year remaining life. A new, more efficient pump, is available at a cost of $45,000. Janko can also receive $8,000 for trading in the old pump. The new pump will reduce variable costs by $10,000 per year over its four-year life. The costs not relevant to the decision of whether or not to replace the pump are:
A. $40,000. B. $8,000. C. $10,000. D. $16,000. E. $24,000.
The purpose of accounting is
A. assumed around the world to be the same. B. about to be codified in the process of convergence. C. to build an objective measure of a company's results. D. influenced by a country's culture.
Which of the following items would be classified as a cash flow from investing activities?1) Issue common stock for cash 2) Payment on principal of note payable 3) Payment of dividends 4) Sale of equipment for cash
A. 3 only B. 1, 2, 3, and 4 C. 4 only D. 1 and 4