Which of the Following Statements Is FALSE

question 35

Multiple Choice

Which of the following statements is FALSE?

• A)A capital budget lists the projects and investments that a company plans to undertake during the coming year.
• B)Income Tax = EBIT × (1 - τc).
• C)When sales of a new product displace sales of an existing product,the situation is often referred to as cannibalization.
• D)Overhead expenses are often allocated to the different business activities for accounting purposes.

---

Definitions:

Positive Psychology

focuses on the study of positive aspects of human life, such as happiness, well-being, and flourishing, aiming to improve quality of life.

Sensual Pleasure

The enjoyment derived from physical sensations, often associated with the gratification of the senses.

Job Satisfaction

Job Satisfaction is the degree to which employees feel positively or negatively about their jobs, often influenced by factors like work environment, compensation, and autonomy.

Positive Psychology

A field of psychology that focuses on studying and promoting aspects of human life that contribute to well-being and happiness.