Forest Economics Quiz

Forest Economics Quiz

Professional Development

5 Qs

quiz-placeholder

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Forest Economics Quiz

Forest Economics Quiz

Assessment

Quiz

Mathematics

Professional Development

Hard

Created by

Solomon Mulu

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 2 pts

Select the wrong statement/s

Certainty exist when there is only one outcome for each alternative

Certainty exists when the outcome for each alternative is known

Uncertainty refers to events with statistical probability

All of the above

2.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Which one of the following is a source of uncertainty?

Fire

Technology factors

Pest and disease

All of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Pessimist approach minimizes the chance of maximum loss

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Select the correct statement

IRR is the interest rate that makes NPV= 0

IRR is the rate of interest rate at which present value of costs is equal to present value of benefits

If IRR > alternative rate of return - the project is rejected

A &B

All of the above

5.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Which one of the following is not a criteria in decision making?

NPV

B/C

IRR

Sensitivity analysis