Reference no: EM132966094

Problem 1: What is an important advantage of budgeting?

a) it improves communication

b) it sets corporate plans

c) it pin-points managerial objectives

d) it determines planning guidelines

Problem 2: The 3 most common ways. of determining value potential in an investment are...

a) NPV, Break Even, cash flow maximization

b) IRR, NPV, net book value

c) Payback, IRR, and Net Present Value

d) Return on assets, IRR and Break Even

Problem 3: What are the components of working capital?

a) current revenues and current expenses

b) long term operating assets and operating expenses

c) current assets and current liabilities

d) current assets and long term borrowings