When evaluating a new project, firms should include in the projected cash flows all of the following EXCEPT:
A. Changes in net operating working capital attributable to the project.
B. Previous expenditures associated with a market test to determine the feasibility of the project, provided those costs have been expensed for tax purposes.
C. The value of a building owned by the firm that will be used for this project.
D. A decline in the sales of an existing product, provided that decline is directly attributable to this project.
E. The salvage value of assets used for the project that will be recovered at the end of the project's life.
Answer: B
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Which of the following statements is true of exchange and exchange-based transactions?
A. Exchange tactics may yield short-term compliance but likely elicit resistance. B. Exchange-based transactions often require you to complete your obligation now and the other party to complete their obligation in the future. C. Exchange relies on power through threat of punishment. D. Exchange-based transactions often require the other party to complete their obligation now and you complete your obligation in the future.
______ exists when different groups of people have different scores designated as “passing” grades on a test for employment.
A. Race norming B. Reasonable accommodation C. Undue hardship D. Job relatedness
Which of the following is true of officers of a corporation?
A) They are not agents of the corporation. B) They are appointed and supervised by the shareholders. C) They are responsible for the actual management of corporate affairs. D) They do not control the proxy election of the board of directors of the corporation.
The regrouping activity that involves grading or sorting products into the grades and qualities desired by different target markets is called
A. wholesaling. B. allocation. C. assorting. D. accumulating. E. sorting.