Unsophisticated capital budgeting techniques do not:

A) examine the size of the initial outlay.
B) use net profits as a measure of return.
C) explicitly consider the time value of money.
D) take into account an unconventional cash flow pattern.


C

Business

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If bonds are issued at a discount, it means that the

a. bondholder will receive effectively less interest than the contractual rate of interest b. market interest rate is lower than the contractual interest rate c. market interest rate is higher than the contractual interest rate d. financial strength of the issuer is suspect

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Competent managers have a highly active reality distortion field, where they only take in information that is aligned with their self-perceptions and discount any evidence to the contrary.

Answer the following statement true (T) or false (F)

Business

The Consumer Product Safety Commission (CPSC) is an independent administrative agency. Which statement is correct about the chairperson?

a. The chairperson serves at the whim of the President and can be fired at any time. b. The chairperson can only be fired by the President for good cause. c. The chairperson cannot be fired by the President since the CPSC is an independent agency. d. The chairperson has a lifetime appointment and cannot be fired.

Business

Use present-tense verbs for your current job and ____ for previous positions.

A. present-tense B. past-tense C. either a. or b. D. neither a. nor b.

Business