Which of the Following Statements Is FALSE

question 48

Multiple Choice

Which of the following statements is FALSE?

• A)We begin the capital budgeting process by determining the incremental earnings of a project.
• B)The marginal corporate tax rate is the tax rate the firm will pay on an incremental dollar of pre-tax income.
• C)Investments in plant,property,and equipment are directly listed as expense when calculating earnings.
• D)The opportunity cost of using a resource is the value it could have provided in its best alternative use.

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Definitions:

Byzantine Empire

An empire (330–1453) originating from the eastern part of the Roman Empire, centered around its capital Constantinople, known for its rich culture and as a bulwark of Orthodox Christianity.

Constantinople

The capital city of the Byzantine Empire, known as a strategic and economic hub, later conquered by the Ottomans and renamed Istanbul.

Ottoman Turks

Refers to the people from the Ottoman Empire, a vast and powerful empire that spanned parts of Europe, Africa, and Asia from the late 13th century until its dissolution after World War I.

Gunpowder

A mixture of saltpeter, sulfur, and charcoal, used in the past as a propellant in firearms and as an explosive.