Among the reasons many firms DON'T use the payback period as a guideline in capital investment decisions are all of the following EXCEPT:
A) it gives consideration to the timing of cash flows.
B) it uses an appropriate measure of risk.
C) it recognizes cash flows which occur after the payback period.
D) it is easy to calculate.
D
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Which level of management is most often engaged in tactical planning?
A. Working-level employees B. First-line managers C. Middle managers D. Top managers E. Consultants
Not having faith in ones own ability is another way of saying that one lacks
a. Meaningfulness b. Self-determination c. Competence d. Impact
________ occurs when companies believe they have good security because they are using proprietary ciphers that hackers do not know
A) Security through obscurity B) Weakest link ignorance C) Reasonable protection D) Hidden security
The Department of Transportation of a city has noted that on the average there are 14 accidents per day. The average number of accidents is an example of _____
a. descriptive statistics b. statistical inference c. a sample d. a population