Which of the Following Would Be an Example of a Mandated

question 105

Multiple Choice

Which of the following would be an example of a mandated capital budgeting decision?

• A) a powerful political figure wants a manufacturing facility to be located in his district.
• B) a solar array installs landscaping to reduce objections from near-by residents.
• C) a company must install elevators to comply with the Americans With Disabilities Act (ADA)
• D) all of the above.

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Definitions:

Carrying On

Continuing to engage in a particular activity or conduct business.

Partnership Business

An authorized form of enterprise operated by two or more individuals who equally contribute to management and benefit from profits.

Ownership Interest

A stake or share in a company or property, representing a portion of the ownership.

Management Rights

These are the legal authorities and powers that the management of an organization holds to operate and make decisions for the business.