Internal Rate of Return Analysis Suggests That a Project Should

question 21

Multiple Choice

Internal rate of return analysis suggests that a project should be undertaken if

• A)IRR > discount rate.
• B)NPV > 0.
• C)discount rate > inflation rate.
• D)MB > 0.

Grasp the use of Pearson product-moment correlation coefficient in reliability and validity assessments.

Recognize the importance of interrater reliability and how it is assessed.

Understand the concept of internal consistency and its indicators.

Identify different validity types and their indicators in research measures.

---

Definitions:

Materials Quantity Variance

The difference between the actual quantity of materials used in production and the expected quantity, multiplied by the standard cost per unit.

Variable Overhead Efficiency Variance

The difference between the actual variable overhead incurred and the standard cost allocated for the actual production achieved.

Labor Rate Variance

The difference between the actual cost of direct labor and the expected (or budgeted) cost, based on standard rates and actual hours worked.

Materials Price Variance

The difference between the actual cost of materials purchased and the expected (or standard) cost, used to assess cost management performance in procurement.