Nancy Is About to Give a Presentation to Her School's

question 20

Multiple Choice

Nancy is about to give a presentation to her school's advisory board about some upcoming changes to their Nursing program.She needs to display the presentation from her laptop to the large screen in the conference room.How can she create this connection? Choose two.

• A) Create a wireless connection between her laptop and the Internet.
• B) Plug one end of a cable into her laptop and the other end into the projector.
• C) Plug the laptop's power cable into the power strip at the podium.
• D) Create a wireless connection between her laptop and the projector.

Identify the characteristics and examples of committed fixed costs.

Understand the concept of step-variable costs and how they behave in response to changes in activity levels.

Comprehend the method of account analysis for classifying costs.

Understand the concept of a contribution format income statement and its uses in internal planning and decision-making.

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Definitions:

NPV

Short for Net Present Value, which is a financial metric used to evaluate the profitability of an investment or project, considering the time value of money.

IRR

Internal Rate of Return - a financial metric used to evaluate the profitability of potential investments, representing the discount rate that makes the net present value of all cash flows from a particular project equal to zero.

Salvage Value

The estimated residual value of an asset at the end of its useful life, often considered in depreciation calculations and asset disposal decisions.

Sunk Cost

Expenses that have already been incurred and cannot be recovered, and should not influence future business decisions.