Which of the Following Is NOT a Characteristic That Should

question 14

Multiple Choice

Which of the following is NOT a characteristic that should be demonstrated by unit objectives?

• A)Objectives should reinforce organizational strategic goals. Strategic goals relate to mission- critical activities. Reinforcing objectives ensures that the various units contribute to the accomplishment of the organization's mission.
• B)Objectives should be challenging but attainable. Objectives that are easy to accomplish do not require stretch. Objectives that are impossible to attain are not motivational.
• C)Objectives should acknowledge the weaknesses of the organization and the strengths of the action plan to be implemented.
• D)Objectives should identify the time frame for accomplishment.

Understand the role of risk and uncertainty in capital budgeting decisions.

Explain the significance of post-audit processes in capital budgeting.

Assess the importance of time value of money in capital budgeting.

Apply capital budgeting techniques to real-world scenarios and make informed decisions.

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Definitions:

Interest Rate

The piece of a loan that accumulates interest for the borrower, often specified as a yearly percentage of the loan's existing outstanding balance.

Marginal Efficiency

Marginal efficiency refers to the rate of return or profit expected from an additional unit of investment.

Interest Rate

The levy, depicted as a percentage of the base amount, that a lender places on a borrower for asset usage.

Marginal Efficiency

The expected rate of return on an additional unit of capital or investment.