Which of the Following Statements Is CORRECT

question 50

Multiple Choice

Which of the following statements is CORRECT?

• A) Sunk costs must be considered if the IRR method is used but not if the firm relies on the NPV method.
• B) A good example of a sunk cost is a situation where a bank opens a new office, and that new office leads to a decline in deposits of the bank's other offices.
• C) A good example of a sunk cost is money that a banking corporation spent last year to investigate the site for a new office, then expensed that cost for tax purposes, and now is deciding whether to go forward with the project.
• D) If sunk costs are considered and reflected in a project's cash flows, then the project's calculated NPV will be higher than it otherwise would be.
• E) An example of a sunk cost is the cost associated with restoring the site of a strip mine once the ore has been depleted.

Understand different types of power and their impact on influencing others.

Identify and differentiate between various influence tactics.

Recognize the outcomes of influence tactics and their implications.

Understand the application of power and influence tactics in organizational settings.

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Definitions:

Reminder Mailings

Sent communications, often via email or postal mail, intended to prompt or remind recipients about appointments, deadlines, or actions.

Appointment Cards

Physical or digital reminders provided by service providers to remind clients or patients of scheduled visits.

Cancellation

The act of calling off or nullifying an event, order, or contract.

Appointment Book

A book or electronic system used for keeping track of appointments and schedules.