Apsc 221 - Study guides, Class notes & Summaries

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 Multiple Choice Question and answers already passed 2024/2025 APSC 221 Multiple Choice T or F: The general Price-Demand relationship can be expressed as a linear function. - correct answer True. T or F: A license fee is an example of an incremental cost. - correct answer False. One reason why perfect monopolies rarely occur in practice is because: - correct answer Few products are so unique that substitutes cannot be made. T or F: The power-sizing technique is someti...

APSC 221 Midterm 1 Questions with complete solution 2024/2025 APSC 221 Midterm 1 Fixed costs - correct answer Unaffected by changes in activity level over a feasible range of operations for the capacity or capability available Variable costs - correct answer Associated with an operation that varies with the quantity of output or the measures of activity level Incremental costs - correct answer The additional cost that results from increasing the output of a system E.g. equipment...

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 Questions with complete solution 2024/2025 APSC 221- Chapter 1 Notes in engineering economic analysis, both cash costs and noncash costs need to be considered for the analysis: T or F - correct answer F; only costs that are cash flows or potential cash flows. Reduction in value is not a cash flow but it is still important for the analysis because it affects income taxes which are cash flows skunk cost - correct answer one that has occurred in the past and has no relevance to ...

APSC 221 Extra Review Question and answers 100% correct 2024/2025 APSC 221 Extra Review For present worth calculations when N approaches infinity you can use a) (P/A, i, n) b) P/i c) A/i d) F/i e) All of the Above - correct answer c) First cost in actual dollars is the same - correct answer in real dollars For incremental IRR analysis - correct answer 0 = -(Higher initial investment-lower initial investment) + (return on higher investment-return on smaller investment)(P/A or...

APSC 221 Midterm 2 Question and answers 100% correct 2024/2025 APSC 221 Midterm 2 - Change Management Types of Change - correct answer Transformational, Bounded, and Deliverable-Led Transformational Change - correct answer A type of change whose intention is to result in large improvements in performance. Usually takes years. Bounded Change - correct answer A type of change whose intention is typically to become more efficient. Similar to transformational, but more limited. Usual...

APSC 221 Question and answers already passed 2024/2025 APSC 221 - Midterm 2 Which of the following is NOT an aspect of change management? 1. minimize unplanned operational disruption 2. achieve performance improvements 3. controlling, scheduling, and planning 4. understand associated implementation risks 5. all of the above - correct answer 3 Very broadly, change initiatives can be categorized into three main types, which of the following is NOT one of them? 1. Transformational o...

APSC 221 Chapter 3 Questions with complete solution 2024/2025 APSC 221 Chapter 3: Time Value of Money Interest, I - correct answer The difference between the amount of money lent and the amount of money later repaid. It is the compensation for giving up the use of money for the duration of the loan. Principal amount, P - correct answer An amount of money today Future amount, F - correct answer Value of a current asset in the future based on a certain growth rate Annual Percent...

APSC 221 Chapter 7 Question and answers rated A+ 2024/2025 APSC 221 Chapter 7-11 Taxes are a disbursement - correct answer disbursement- money spent T/F income taxes reduce the benefits of a successful project - correct answer True T/F income taxes reduces the costs of an unsuccessful project - correct answer True In a loss-generating project, the net savings in tax can be viewed as what - correct answer a negative disbursement (receipt?) tax credits - correct answer r...