Which of the Following Statements About the International Finance Corporation

question 42

Multiple Choice

Which of the following statements about the International Finance Corporation is not true?

• A) the decision to assist a venture depends on both profitability of the project and potential benefit to the host country's economy
• B) IFC assumes no managerial responsibility and exercises no voting rights
• C) IFC may either buy equity shares or provide long-term loans
• D) all of the other answers are true

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Definitions:

Incentive Scheme

A plan or program designed to motivate and reward employees in order to improve their performance and productivity.

High Quality Automotive Repair

The provision of superior services in fixing and maintaining vehicles to ensure optimal performance.

Market Price

The current price at which an asset or service can be bought or sold in a given market.

Marginal Cost Function

A mathematical representation showing how the cost of producing one additional unit of a good changes as the quantity of production varies.