Answer Choices:
Controls
Number of times correctly identified
U.S.
Country of residence
Answer: Country of residence
Question: Which of the following statements is CORRECT?
Answer Choices:
a. An example of a sunk cost is the cost associated with restoring the site of a strip mine once the ore has been depleted.
b. Sunk costs must be considered if the IRR method is used but not if the firm relies on the NPV method.
c. A good example of a sunk cost is a situation where a bank opens a new office, and that new office leads to a decline in deposits of the bank’s other offices.
d. A good example of a sunk cost is money that a banking corporation spent last year to investigate the site for a new office, then expensed that cost for tax purposes, and now is deciding whether to go forward with the project.
e. If sunk costs are considered and reflected in a project’s cash flows, then the project’s calculated NPV will be higher than it otherwise would have been had the sunk costs been ignored.
Answer: d. A good example of a sunk cost is money that a banking corporation spent last year to investigate the site for a new office, then expensed that cost for tax purposes, and now is deciding whether to go forward with the project.
Question: Probation, foster care or incarceration between the ages of 15 and 18 are not a requirement to qualify for the Victoria College Kick Up program.
Answer Choices:
True
False
Answer: False
Question: The Patient Protection and Affordable Care Act more commonly known as the Affordable Care Act (ACA).
Answer Choices:
True
False
Answer: True
Question: The change in net operating working capital associated with new projects is always positive, because new projects mean that more operating working capital will be required.
Answer Choices:
a. True
b. False
Answer: b. False
Question: In cash flow estimation, the existence of externalities should be taken into account if those externalities have any effects on the firm’s long-run cash flows.
Answer Choices:
a. True
b. False
Answer: a. True
Question: The feminization of poverty refers to the fact that poverty is more likely to happen to men than women.
Answer Choices:
True
False
Answer: False
Question: According to “Where Do I Live” videos, there is only one core definition of “homelessness”.
Answer Choices:
True
False
Answer: False
Question: Replacement chain or EAA analysis is required when analyzing projects that have different lives. This is true regardless of whether the projects are mutually exclusive or independent of one another.
Answer Choices:
a. True
b. False
Answer: b. False
Question: A psychosocial assessment includes a client/patient’s current and historic coping mechanisms and life circumstances, in addition to the physical, emotional, and social challenges a client/patient is experiencing.
Answer Choices:
True
False
Answer: True