Accounting income is sufficient measure of performance

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Reference no: EM131978735

1. Accounting income is a sufficient measure of performance because it includes risk and the cost of the invested funds.

A) True

B) False

2. A good capital investment usually has a positive net present value or economic profit across time.

3. An investment project generally provides benefits over a limited period of time referred as an economic life.

A) True

B) False

4. Decisions regarding short-term investments are concerned with day to day operations.

A) True

B) False

Reference no: EM131978735

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