The IRR is a. None of the following b. the same as the ARR c. the company's discount rate d. the interest rate at which the NPV of the investment is zero. When making decisions, managers should consider a. costs that do not differ between alternatives. b. only variable costs. c. sunk costs in their decisions d. revenues that do differ between alternatives Doright Co. is considering replacing individual printers with a network printer. It would be more efficient and cost less to operate. Usage of the printer is not expected to be different. The employees think it would be inconvenient for them. They like having their own printers. Which of the following is irrelevant to the decision? a. resale value of current printers b. cost of paper used c. operating cost of the printers d. employee morale The person probably most responsible for the direct labor efficiency variance is a. Marketing Manager b. Human Resources Manager c. Purchasing Manager d. Production Manager Ian Corp is considering two expansion projects. The first is in the warehouse. The second automates inventory. Both have efficiencies and both have positive NPV, yet they only choose one project, why? a. The company is practicing capital rationing b. the payback is greater than the warehouse project's life c The internal rate of return of the warehouse project is less than the company's required rate of return of capital projects. d. All of the above are true Which cost is irrelevant when deciding whether to sell as is or process further? a the revenue if sold as is. b. the revenue if process further c. the costs of processing the product thus far. d. the cost of processing further