An Accounting Program Has Determined That Preparing Students for Careers

question 12

Multiple Choice

An accounting program has determined that preparing students for careers in public accounting is the program's goal.Which of the following measurements is the best outcomes measurement for this accounting program?

• A)Number of accounting majors that graduate.
• B)Number of students that pass the CPA examination.
• C)Number of students in management positions in public accounting firms ten years after graduation.
• D)Number of students employed in public accounting within one year of graduation.

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Definitions:

Uncertainty

The state of having limited knowledge about an existing condition or future outcome, making it difficult to accurately predict events.

Negative NPV

A situation where the net present value (NPV) of a project or investment is less than zero, indicating it is expected to lose money.

Rate Of Return

The gain or loss of an investment over a specified period, expressed as a percentage of the investment's initial cost.

Present Value Of Capital

The present worth of a future amount of money or series of cash inflows based on a given rate of return.