The Two Cardinal Rules That Financial Analysts Should Follow to Avoid

question 15

True/False

The two cardinal rules that financial analysts should follow to avoid errors are: (1)in the NPV equation,the numerator should use income calculated in accordance with generally accepted accounting principles,and (2)all incremental cash flows should be considered when making accept/reject decisions for capital budgeting projects.

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Definitions:

Sexist Remark

A derogatory or disrespectful comment that discriminates or stereotypically categorizes someone based on their gender.

Sexist Behavior

Actions or attitudes that perpetuate stereotypes or bias based on gender, often disadvantaging women.

Achievement Motivation

A psychological concept that refers to an individual's desire to accomplish goals and excel in tasks.

High Standards

Expectations that are significantly above what is considered average or normal, often applied to performance, quality, or behavior.