One of the easiest capital budgeting methods to understand is
a. net present value.
b. the internal rate of return.
c. the payback method.
d. the strategic analysis approach.
ANSWER: c
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If either party entering a contract lacks the capacity to contract, the contract is void or voidable, depending on the kind of incapacity involved.
Answer the following statement true (T) or false (F)
Why should bad-news messages undergo extensive evaluations before being sent?
A) To allow for continued goodwill B) To ensure all important details have been clearly identified C) The message can have significant negative business results D) The message may determine new corporate policy E) The message may contain incorrect or inaccurate information
Jessica just received the following information on her project: PV = 200, EV = 300, AC = 250, BAC = 1500, EAC = 1208. In terms of cost at completion
A. The project will currently finish behind schedule. B. There is insufficient information to draw conclusions. C. The project will currently finish over budget. D. The project will currently finish under budget. E. The project will currently finish on budget.
Fixed-term endowments and board-designated endowments are classified as net assets with donor restrictions according to the FASB.
Answer the following statement true (T) or false (F)