One shortcoming of the traditional capital budgeting paradigm is that:
a. it does not recognize that projects must be evaluated on the basis of their NPVs.
b. it does not recognize that the firm may face capital rationing.
c. it does not deal with why some firms have multiple activities
C
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Unearned revenue is a liability account
Indicate whether the statement is true or false
Leaders who use a political frame are ______.
A. partial to public opinion B. less likely to build internal relationships C. more likely to go on to run for political office D. sensitive to external forces that might affect the organization
Roderick possesses five hundred acres of forested property. Roderick has the right to use the land, in¬cluding cutting its timber, for life. Roderick also has the right to lease the land for a period not to exceed his life. This ownership interest is
a. a fee simple absolute. b. a leasehold estate. c. a life estate. d. an easement.
The academic planner of a university thinks that at least 35% of the entire student body attends summer school. The correct set of hypotheses to test his belief is _____
a. H0: p > .35 Ha: p ? .35 b. H0: p ? .35 Ha: p > .35 c. H0: p ? .35 Ha: p < .35 d. H0: p > .35 Ha: p ? .35