Q61 Lease financing is becoming a more popular type of finance for firms that do not want to purchase equipment
Q62 Lease is a contract in which one party is the lessee while another party is the lessor without purchasing it
Q63 Bank overdraft is not one of the sources of financial projects
Q64 Despite the weakness of Payback period, it is not popular among analysts
Q65 Financial project appraisal ranks project in order of their desirability
Q66 One of the weakness of the Payback period is that it fails to recognise the cash flows that come in after the pay back period
Q67 Net Present Value (NPV) method is one of the discounted cash flow used in project appraisal
Q68 A bank considers the total cost instead of the project appraisal to decide whether or not to lend money for a project
Q69 Pay back period is the number of years required to recover the original cash outlay invested in a project
Q70 The essence of financial project appraisal is to enable government or management to take proper investment decision
Q71 Capital expenditure relates to expenditures on projects
Q72 Recurrent expenditure relates to expenditures that are incurred on daily basis
Q73 Factory costs are mainly applicable to manufacturing concerns
Q74 Direct costs are those costs which are not directly attributed to a job or project
Q75 Labour constitutes a very critical component of project cost
Q76 Good interpersonal relations is critical to the realization of organizational goal
Q77 In a teamwork, individual spirit is more important than team spirit
Q78 The idea of quality management is associated with Japanese firms
Q79 A Task Force Team is created to tackle or solve a major problem
Q80 A pure project team is a constituted work group within an organization
