题目内容

The capital investment project, that is called (), is designed toenhance revenues by focusing operations to expand into completely new products or markets.

A. independent projects
B. mutually exclusive projects
C. expansionprojects
D. replacement projects

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According to the degree of their dependence on other projects, investment projects can be classified into ().

A. expansion projects
B. mutuallyexclusiveprojects
C. independent projects
D. replacement projects

Which of following options are defined as capital goods?

A. PPE
B. inventory
C. retained earnings
D. intangible assets

Which of following accounting transactions would cause changes in cash flows resulting from a replacement project?

A. the interest payment for a bank loan, which is to finance the investment
B. depreciate the new equipment that is the most important part of the investment project
C. gains and losses from the sale of old equipment.
D. the loss resulting from giving up other alternative investment projects

Which of followings investment rulesboth recognize the time value of money and consider cash flows over the entire useful life of an investment?

A. NPV
B. IRR
C. PI
D. Payback period

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