ECO329 Past Questions

ECO329

Forward incremental planning is a form of planning method
Answer: dynamic

The key objective of the sensitivity analysis is to ‬
Answer: forecast a worst-case scenario for a project

A firm invested an average of N150,000 in 3 years and earned an average of N500,000 after taxes within the same period. Calculate the the Accounting Rtae of Return for the investment
Answer: 0.033

Accountant and Clerk are examples of labour in a manufacturing
firm
Answer: indirect

Buyers and sellers often enter into negotiations from whatVs sometimes called a â€| bargaining standpoint
Answer: positional

The maximum amount of work that an organization is capable of completing in a given period is â€|‭ ‬
Answer: design capacity

is a statement which shows the forecasts of actual receipts of cash and the disbursement of cash of a firm or project
Answer: projected cash flow statement

strategy is adding capacity in small amounts in response to changing demand in the market
Answer: match

When a project is started to revive a loss bearing company, is known as project
Answer: rehabilitation

Suppose that all the sets of mutually exclusive projects have positive net present value, the particular project that should be selected is the one that â€|‭ ‬
Answer: has the highest net present cost

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