Given the Financial Manager's Preference for Faster Receipt of Cash

question 89

Multiple Choice

Given the financial manager's preference for faster receipt of cash flows,

• A) a longer depreciable life is preferred to a shorter one.
• B) a shorter depreciable life is preferred to a longer one.
• C) the manager is not concerned with depreciable lives, because depreciation is a non-cash expense.
• D) the manager is not concerned with depreciable lives, because once purchased, depreciation is considered a sunk cost.

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Definitions:

FRM

Stands for Financial Risk Manager, a certification for finance professionals who specialize in assessing and managing financial risk.

Delegating Responsibility

The process of assigning authority and tasks to employees or team members, allowing the leader to focus on higher-level activities.

Franchisor Functions

Activities and responsibilities of a franchisor, including branding, training, support, and oversight of franchisees to ensure consistency and quality.

FRM

stands for Financial Risk Manager, a professional designation for financial risk professionals.