Which of the following statements is false?
a. Budgeted capital expenditures are normally classified as being either near term or long term.
b. Many firms evaluate projects using both financial and nonfinancial criteria
c. Using multiple criteria of evaluating capital projects will allow for a more balanced evaluation of short and long term benefits.
d. All of the above statements are true.
d
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The majority of consumers said they will switch brands to support a particular cause they care about
Indicate whether the statement is true or false
Upon receipt of customers' checks in the mailroom, a responsible employee should prepare a control listing. A copy of the listing should be sent to the:
A. treasurer to compare the listing with the monthly bank statement. B. internal auditor to investigate the listing for unusual transactions. C. accounts receivable bookkeeper to update the subsidiary accounts receivable records. D. entity's bank to compare the listing with the deposit slip.
Seattle, Inc, is contemplating a project that costs $180,000 . Expectations are that annual cash revenues will be $70,000 and annual expenses (including depreciation) will total $30,000 . The project has a six-year useful life and a residual value of $30,000 . Assume Seattle Inc uses straight line method of depreciation. The accounting rate of return for the project is
a. 53.3 percent. b. 22.2 percent. c. 66.7 percent. d. 38.1 percent.
It is most accurate to say that channels of distribution provide which of the following?
A. time and promotion utility B. promotion and form utility C. time, place, and form utility D. promotion, product, and place utility E. time, place, and possession utility