re-feasibility and feasibility costs are considered as A. Initial investment Costs C. Working capital B. Pre-production capital expenditures D. Revenue expenditures In planning the means of finance, one must not consider A Cost B. Control c Norms of regulatory bodies D. None of the above 12. A measure of profitability which relates net income to investment A ARR B. PBP C. NPV DIRR 13 involves estimation and comparing the beneficial effects of an investment with its costs A Project analysis B.Technical analysis C Financial analysis D. Market & demand analysis 14. Estimation and comparing the beneficial effect of an investment with its cost involves analysis of A Project B. Plan C Program D. Project management 15. One of the following is incorrect about characteristics of a project A. No two projects are similar C Project is broader than program B. Project is temporary endeavor D. Nonie 16. What are the key questions raised in market and demand are analysis? A Competition B. customer behavior C. consumer needs D. 17. Which one of the following is considered as a more appropriate demand forecasting technique for intermediate products A. Trend projection method C End use method B Exponential smoothening method D. Moving average method 18. If two projects NPV > 0. we should select the project which luas greater NPV because the projects are A. Dependent B. mutually exclusive C. Independent D. A and B are answers 19. Location and site selection for a project is affected by the following factors Except A. Availability of infrastructure C Labor situation B. Proximity to raw materials D. None 20. One of the following may not to be considered as source of project idea? A Plon of the government D. A and B only B. Unfulfilled psychological needs E None of the foregoing International trade faire 21. During the preliminary selection, the analyst should eliminate proposals that: A Have adequacy of market for the output C Reasonable of costs B. Have adequate supply of input D. Are technically unsound and risky . 22 involves a detailed study regarding the costs and benefits of the project. C. Technical Analysis A. Financial Analysis B. Commercial viability D. Demand and market study 23. One of the following best matches about the capital structure? A. Equity shareholders have a residual claim on the income and wealth of the fim. B. Equity financing has a fixed maturity date. C. Debt financing has no fixed maturity date. D. Debt investors play an active role 2