Which of the following criticisms relate to traditional budgeting methods and which relate to the
'beyond budgeting' approach?

A learning curve applies to the manufacture of the first 256 units of a product.
During the manufacture of the first 255 units, the time taken to produce each successive unit is expected to:

The discount rate at which the net present value (NPV) is zero is known as the

A risk averse decision maker will:

A small company currently uses an information system that was implemented several years ago and is based entirely on internal dat a. The company is considering replacing it with a more up to date system. It has been suggested that the new system should include the use of big data.
Which TWO of the following statements are correct?