_____ Communication Flows from Supervisor to Employee, from Policy Makers

question 36

Multiple Choice

_____ communication flows from supervisor to employee, from policy makers to operating personnel, or from top to bottom on the organization chart.

• A)Upward
• B)Horizontal
• C)Downward
• D)Lateral

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Definitions:

Terminal Loss

The amount that can be deducted against income if, on the sale of the last asset in an asset class, the undepreciated capital cost is positive.

CCA Recapture

In Canadian taxation, the portion of the Capital Cost Allowance that is added back to income when an asset is disposed of for more than its undepreciated capital cost.

Risk-adjusted Cost of Capital

The rate of return that must be achieved in order to compensate for the risk of an investment, adjusting the cost of capital according to the risk involved.

IRR Estimate

An estimation of the Internal Rate of Return, which is the discount rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero.