Question
If a company invests in a project with an internal rate of return higher than the company's cost of capital, the project should A. reduce
If a company invests in a project with an internal rate of return higher than the company's cost of capital, the project should
| A. | reduce the weighted average cost of capital. |
| B. | increase the market value of the company's stock. |
| C. | decrease the market value of the company's stock. |
| D. | have little or no effect on the market value of the company's stock. |
Which of the following statements about a balanced scorecard is true?
| A. | The balanced scorecard gives managers a perspective of the organization's performance using a recurring set of criteria. |
| B. | The advantage of a balanced scorecard approach is that it eliminates the need for management accounting data. |
| C. | The advantage of a balanced scorecard approach is that it leads management to focus exclusively on critical downstream issues such as consumer demand, and away from lesser upstream issues such as design and production. |
| D. | The advantage of a balanced scorecard approach is that it can best be used as a single, comprehensive measure of corporate performance. |
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