You Know That the Population of the Montreal Census Metropolitan

question 129

Multiple Choice

You know that the population of the Montreal Census Metropolitan Area (CMA) as of 2016 is 4,098,927. However,your planning team prefers to use the number 4.0 million. What characteristic of information would you use to buttress your argument for using the unrounded number?

• A)relevance  
• B)completeness  
• C)accuracy  
• D)timeliness

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Definitions:

Modigliani

Franco Modigliani, an economist known for his work in corporate finance, especially the Modigliani-Miller theorem regarding capital structure and the dividend irrelevance theory.

Miller

Often refers to a person who operates a mill, a machine to grind a cereal crop to make flour.

Risk

The exposure to potential financial loss or gain, often evaluated in decisions involving investment or finance.

Leverage

The strategy of using borrowed money to increase the potential return of an investment.