1) Which of the following statements about project cash flow estimation is incor

ID: 2708326 • Letter: 1

Question

1) Which of the following statements about project cash flow estimation is incorrect?

a). inflation effects should be included

b). the effects on a business's other projects should be included.

c). Opportunity costs should be included.

d). Sunk costs should be included.

e). Strategic value should be included.

2). As the discount rate applied to a single amount (lump sum) future value increases, the present value?

a). stays the same

b). increases by the some amount

c). doubles

d). decreases

e). The information provided is insufficient to answer the question

3). Assume Mercy hospital uses accrual accounting. Which of the following statments is(are) most correct?

a). Supplies expense is recongiZed when medical supplies are delivered to the hospital by the vendor.

b). Patient service revenue is recognized when payment is recieved by the hospital from a patient's third party payer.

c). Salaries expense is recognized when payroll checks are written.

d). Patient service revenue is recognized when healthcare services are provided.

e). Answers a, c and d are correct

4). Which of the following statements about debt contracts is(are) most correct?

a). Debt contracts have several different names.

b). Debt contracts typically contain restrictive convenants

c). All debt contracts name a trustee

d). Answers (a) and (b) are correct

e). Answers (a), (b) and (c) are correct

1 b). the effects on a business's other projects should be included.

4 e). Answers (a), (b) and (c) are correct

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