Conducting a preliminary screening of capital investment proposals falls under which stage of the management process?

		Planning
		Performing
		Evaluating
		Communicating

While making capital investment decisions, companies set a minimum rate of return to

		set the maximum expected returns.
		guard their profitability.
		cover their fixed costs.
		comply with the government regulations.

Which of the following is true of the net present value method?

		It measures a project's time-adjusted rate of return.
		It discounts cash flows at the minimum desired rate of return.
		It ignores cash flows beyond the payback period.
		It applies only to mutually exclusive investment proposals.

The undepreciated portion of the original cost of a fixed asset is the

		carrying value.
		depreciation expense.
		residual value.
		accumulated depreciation.

Preparing reports related to the capital investment process falls under which stage of the management process?

		Planning
		Performing
		Evaluating
		Communicating