ECON 105

ECON 105

Assessment

Flashcard

Financial Education

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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8 questions

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1.

FLASHCARD QUESTION

Front

What is an opportunity cost?

Back

The cost of what is given up when making a decision

2.

FLASHCARD QUESTION

Front

What does IMC stand for?

Back

Integrated Marketing Communications

3.

FLASHCARD QUESTION

Front

A sunk cost is a cost that has already occurred. True or False?

Back

True

4.

FLASHCARD QUESTION

Front

Operating cash flow can be computed in a number of different ways?

Back

Yes

5.

FLASHCARD QUESTION

Front

How many different ways can Operating Cash Flow (OCF) methods be calculated?

Back

3

6.

FLASHCARD QUESTION

Front

Why use nominal quantities of NPV?

Back

They simplify calculations and reduce errors

7.

FLASHCARD QUESTION

Front

A real cash flow refers to the actual dollars to be received (or paid out). True or False?

Back

False

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