A Major Disadvantage to the Problem Solving Techniques of Trial

question 109

Multiple Choice

A major disadvantage to the problem solving techniques of trial and error and algorithms is that they are ____.

• A) not always successful
• B) time intensive
• C) flexible
• D) None of the above

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Definitions:

Depreciation

The systematic allocation of the cost of an asset over its useful life.

Investment Center

A business unit within a company that is responsible for its own revenues, expenses, and asset investments, with its performance measured by its ability to generate income relative to its assets.

Minimum Required Return

The lowest acceptable return on an investment, based on risk tolerance and financial goals.

Residual Income

The income that exceeds the minimum required return on investment or capital employed; often used as a performance measure.