Which Three Types of Information Are Most Useful When a Manager

question 9

Multiple Choice

Which three types of information are most useful when a manager summarises the findings of a project appraisal?

• A) The likely outcomes of each project considered
• B) Statement of to what extent probabilities were objective or subjective
• C) Assessment of the probability of each outcome actually occurring
• D) A clear focus on the most profitable outcome

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Definitions:

ADD Function

The ADD Function is a basic arithmetic operation used in programming and computing to sum two or more numbers.

Limit Switch

A limit switch is a device used to detect the physical presence or position of an object, often used to control machinery and ensure operations within safe bounds.

Loanable Funds

The money available for borrowing. The market for loanable funds is where borrowers and lenders interact, determining the market interest rate.

Interest Rate

The percentage charged on borrowed money, paid by the borrower to the lender, or earned through deposit or investment, typically expressed on an annual basis.