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- Which of the following is an advantage of the NPV method: Its calculation is based on estimates for the required rate of return. It emphasises on the time value for money. It is biased against long-term projects. It only considers the cash flows from a project up until a cut-off point.
- Question 3 One of the advantages of the payback period is that is emphasises on the project's liquidity. True False
- Question 2 Preference shareholders can vote to appoint the company's directors. True False
- Question 1 Which of the following statements accurately defines management accounting: Management accounting is the identification, measurement and communication of accounting information to help managers take operational decisions. Management accounting is concerned with calculating profitability for the use of shareholders. Management accounting is concerned with providing taxation information for the government. Management accounting is concerned with providing dividends information for shareholders. 2 pts
- Which of the following is not one of the costs analysed in CPA Dividends Order handling Delivering to customers Granting credit