Which of the Following Statements Is CORRECT

question 3

Multiple Choice

Which of the following statements is CORRECT?

• A) An externality is a situation where a project would have an adverse effect on some other part of the firm's overall operations. If the project would have a favorable effect on other operations, then this is not an externality.
• B) An example of an externality is a situation where a bank opens a new office, and that new office causes deposits in the bank's other offices to increase.
• C) The NPV method automatically deals correctly with externalities, even if the externalities are not specifically identified, but the IRR method does not. This is another reason to favor the NPV.
• D) Both the NPV and IRR methods deal correctly with externalities, even if the externalities are not specifically identified. However, the payback method does not.

Know the amendments and acts related to age discrimination and employee benefits.

Understand the criteria for proving age discrimination in employment.

Understand the concept of employment discrimination and its primary remedies.

Recognize the purpose and design of Affirmative Action Plans.

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Definitions:

Computer Program

A computer program is a set of instructions that a computer follows to perform specific tasks or operations, written in a programming language.

Indemnification

The act of compensating for loss or damage, often seen in contracts where one party agrees to protect the other against certain future claims or liabilities.

Negligently

Acting with a lack of proper care or attention to duties, resulting in harm or damage to others.

Gratuitous Basis

A situation where goods, services, or assets are given without receiving payment or consideration in return.