When a British Student Was in Class He Asked to Borrow

question 137

Multiple Choice

When a British student was in class he asked to borrow a rubber from the person next to him.An American student would have asked for the person's eraser.The confusion was caused by

• A) perception.
• B) status differences.
• C) noise.
• D) poor listening skills.
• E) language differences.

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Definitions:

Straight-line Method

A technique that evenly distributes the expense of an asset across its lifespan for depreciation calculation.

Discounted Payback

The period it takes for an investment to break even in cash flow terms, adjusted for the time value of money.

Required Return

The minimum gain or profit that investors expect to receive on an investment relative to its risk.

Average Accounting Rate

A financial metric that represents the average rate of return earned on investments or assets, based on accounting values.