Beruflich Dokumente
Kultur Dokumente
Note that there is some overlap between the T/F and the multiple choice questions, as some T/F
statements are used in the MC questions. See the preface for information on the AACS letter
indicators !F, M, etc." on the sub#ect lines.
Multiple Choice: True/alse
(11-1) Capital F I Answer: a EASY
1
. Capital is sometimes defined as funds supplied to a firm by investors.
a. True
b. False
(11-1) Cost of capital F I Answer: a EASY
2
. The cost of capital used in capital budgeting should reflect the average
cost of the various sources of investor-supplied funds a firm uses to
acquire assets.
a. True
b. False
(11-1) Specific capital cost F I Answer: b EASY