Ch16 TrueFalse - B Difficulty: Easy D Learning Objective: 3...

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True / False Questions T 38. (p. 495) Most business failures are the result of poor long-term financial planning. FALSE AACSB: Reflective Thinking A Bloom's Taxonomy: Knowledge B Difficulty: Hard D Learning Objective: 3 L 39. (p. 495) Short-term financing is often required for long-term assets. FALSE AACSB: Reflective Thinking A Bloom's Taxonomy: Knowledge B Difficulty: Hard D Learning Objective: 3 L 40. (p. 495) Fixed assets, such as production facilities, are expected to last for many years. TRUE AACSB: Reflective Thinking A Bloom's Taxonomy: Knowledge
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Unformatted text preview: B Difficulty: Easy D Learning Objective: 3 L 41. (p. 495) Businesses must reinvest in new equipment to stay competitive. TRUE AACSB: Reflective Thinking A Bloom's Taxonomy: Knowledge B Difficulty: Medium D Learning Objective: 3 L 42. (p. 496) Capital budgeting is the process of analyzing business needs and the selection of assets that will maximize the value of the business. TRUE AACSB: Reflective Thinking A Bloom's Taxonomy: Knowledge B Difficulty: Easy D Learning Objective: 3 L...
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Ch16 TrueFalse - B Difficulty: Easy D Learning Objective: 3...

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