Apsc 221 final - Study guides, Class notes & Summaries

APSC 221 FINAL Question and answers verified to pass 2024/2025 APSC 221 FINAL The general Price-Demand relationship can be expressed as a linear function. (T/F) - correct answer True When alternatives for accomplishing a specific task are being compared over one year or less (time value of money is ignored) they can be referred to as: - correct answer Present economy studies One reason why perfect monopolies rarely occur in practice is because: - correct answer Few products are ...

APSC 221 Final Exam Question and answers verified to pass 2024/2025 APSC 221 Final Exam Working capital refers to the funds required for current assets that are needed for the start-up and support of operational activities. (T/F) - correct answer True A license fee is an example of an incremental cost. (T/F) - correct answer False One reason why perfect monopolies rarely occur in practice is because: a) Few products are so unique that substitutes cannot be used. b) A large nu...

APSC 221 Final Question and answers 100% correct 2024/2025 APSC 221 Final ( third half of terms) and ________ is a favourable set of circumstances that creates a need for a new product or service - correct answer oppertunity what is the difference between an entrepreneur and an intrapreneur - correct answer intrapreneur- within the firm, does not possess the risks associated with entrepreneurship- often has resources at disposal what is involved in the window of opportunity - corr...

APSC 221 FINAL M Question and answers rated A+ 2024/2025 APSC 221 FINAL M/C, exam, APSC 221 Final Exam, Chapter 7 Risk Management Parametric cost estimating is the use of historical cost data and statistical techniques to predict ________ costs - correct answer future Decisional equivalence is a consequence of the __________ on the part of a decision maker among available choices - correct answer indifference Market equivalence is a consequence of the ability to _________ one cash ...

APSC 221 Final Exam Question and answers correctly solved 2024/2025 APSC 221 Final Exam The undepreciated capital cost (UCC) is the remaining book value for the assets subject to depreciation for taxation purposes, which may or may not ____________. - correct answer differ from the market or salvage value For any given year, the UCC balance can be calculated as follows: - correct answer UCCopening + additions - disposals - CCA = UCCEnding There are nine phases to a comprehensive p...

APSC 221 FINAL M Questions with complete solution 2024/2025 APSC 221 FINAL M/C There may be uncertainty estimating project parameter values as a result of - correct answer 1. technological change 2. change in sales volume or market share 3. inflation 4. general economic activity levels within an industry There are many useful resources in cost and revenue estimating, such as - correct answer 1. the building code 2. accounting records 3. market analysis 4. general economic activi...

APSC 221 Engineering Economics / APSC 221 Final Exam

APSC 221 / APSC FINAL EXAM - QUESTIONS WITH ANSWERS