The Two Basic Types of Project Selection Models Identified in the Text

question 44

Multiple Choice

The two basic types of project selection models identified in the text are ________.

• A)biased and unbiased
• B)numeric and nonnumeric
• C)active and passive
• D)numeric and qualitative

---

Definitions:

Accounts Payable Period

The average amount of time it takes for a business to pay off its suppliers and creditors.

Cost Of Goods Sold

The direct financial outlays for creating goods sold by a company, covering materials and labor.

Cash Cycle

The time it takes for a company to convert its investments in inventory back into cash, encompassing the entire sales and payments process.

Factoring Receivables

The financial transaction where a business sells its accounts receivable (invoices) to a third party (factor) at a discount to obtain immediate cash.