ECON 105

ECON 105

Assessment

Flashcard

Financial Education

University

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

8.

FLASHCARD QUESTION

Front

What does NPV stand for?

Back

Net Present Value