Which of the Following Statements Is FALSE

question 72

Multiple Choice

Which of the following statements is FALSE?

• A)a first time bankruptcy stays on a person's credit rating for 6 years
• B)a discharge is only given to a corporation if it pays all its debts in full
• C)a discharge is only given to a person if they pay all their debts in full
• D)a consumer proposal stays on a person's credit rating for 3 years
• E)discharge does not have to be granted in a personal bankruptcy

Assess investment projects using different criteria and understand their applicability.

Differentiate between mutually exclusive and independent projects and the decision rules for each.

Calculate the profitability index and interpret its meaning in investment decision-making.

Understand how the discount rate affects NPV and IRR calculations.

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Definitions:

Executive Compensation

Refers to the financial payments and other benefits such as bonuses, shares, and options provided to high-level management and executives in a company.

Workflows

The sequence of processes through which a piece of work passes from initiation to completion in a business or system.

Sustainable Manufacturing

Is manufacturing where the exploitation of resources and use of technology is consistent with the future as well as present needs.

Mass Customisation

A manufacturing and business strategy that allows for the production of goods and services to meet individual customer’s preferences at a large scale.