
ECON 105
Flashcard
•
Financial Education
•
University
•
Practice Problem
•
Hard
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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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