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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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