Which of the Following Statements Is CORRECT

question 101

Multiple Choice

Which of the following statements is CORRECT?

• A) The shorter a project's payback period,the less desirable the project is normally considered to be by this criterion.
• B) One drawback of the payback criterion is that this method does not take account of cash flows beyond the payback period.
• C) If a project's payback is positive,then the project should be accepted because it must have a positive NPV.
• D) The regular payback ignores cash flows beyond the payback period,but the discounted payback method overcomes this problem.
• E) One drawback of the discounted payback is that this method does not consider the time value of money,while the regular payback overcomes this drawback.

Understand how to modify a PivotTable, including adding, removing, or moving fields.

Know the default functions Excel uses to summarize data in PivotTables and PivotCharts.

Recognize how to expand and collapse data in PivotTables to show different levels of detail.

Learn how to filter data in PivotTables using different areas, such as row headings and the Filters area.

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Definitions:

Confidential Information

Sensitive information that is not public knowledge and is protected by law or agreement, requiring it to be kept secret.

Client Confidentiality

The ethical obligation of professionals, especially in law, to keep information related to a client secret and secure.

Attorney-Client Privilege

A legal principle that keeps communications between an attorney and their client confidential, encouraging open and honest discussion.

Threats of Death

The act of implying or directly stating the intention to kill someone, which can be a criminal offense.