ECON 105
Flashcard
•
Financial Education
•
University
•
Hard
Wayground Content
FREE Resource
Student preview
8 questions
Show all answers
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
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