Question 61
Select the correct ethical principle that corresponds to each ethical dilemma described.
Question 62
B uses a balanced scorecard to monitor the performance of its divisions.
Classify each of the following decisions taken by a division's management team as either commercially sound or dysfunctional.
Classify each of the following decisions taken by a division's management team as either commercially sound or dysfunctional.
Question 63
The board of OKN is considering an investment opportunity that will require the company to borrow a large amount in month 10 of the current financial year and to invest it immediately in property, plant and equipment.
This investment has a positive net present value that justifies the risk, but the directors are reluctant to invest in the project.
Why might the directors be reluctant?
This investment has a positive net present value that justifies the risk, but the directors are reluctant to invest in the project.
Why might the directors be reluctant?
Question 64
Which of the following scenarios might be relevant stress tests for a potential lender to conduct? Which TWO of the following answers are correct?
Question 65
The managers of a company are agents for the shareholders tasked with increasing shareholders' wealth.
Which of the following will usually increase shareholders' wealth?
Which of the following will usually increase shareholders' wealth?