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42. Start-up costs for a capital budgeting project include all of the following

ID: 2741762 • Letter: 4

Question

42. Start-up costs for a capital budgeting project include all of the following except

44. Which of the following is not part of the three-step process of controlling?

45. Risk is a term indicating all of the following except

46. Which of the following would involve speculative risk?

47. Which of the following would not reduce pure risk for a business?

48. To have an insurable loss, all of the following criteria apply except

49. Which of the following holds true for whole life insurance?

50. Which of the following is the least liquid of all investments?

51. According to Moody’s Corporate Bond Ratings, bonds which are rated _______________ are judged to have speculative elements.

52. Who can participate in a tax-sheltered annuity?

53. 401k plans

54. Wills

55. Probate costs

a. changes in inventory storage space. b. investment costs in accounts receivable. c. service agreement costs. d. training costs of employees.

Explanation / Answer

42) Option b is correct ie investment cost in accounts receivable is not included in start up costs 44) Option d is correct ie Take corrective action in every case is not part of the three step process of controlling 45) option a is the correct option 46) option (b) is the correct option 47) Option d is correct 48) Option d is correct 49) Option a is correct 50) Option d is correct 51) option (b) is the correct option 52) Option d is correct 53) Option a is correct 54) Option b is correct 55) Option d is correct

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