Your audience will understand ________ language faster than ________ language
A) clear; concise
B) complicated; wordy
C) clear and concise; wordy and complicated
D) complicated; concise
E) complicated and concise; wordy and clear
Answer: C
Explanation: C) In business, people value clarity and conciseness because time is a scarce resource.
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In the context of a survey, which of the following terms represents the average and is determined by adding all the responses and dividing the sum by the number of responses?
A) Mode B) Standard deviation C) Mean D) Volatility E) Variance
The initial outlay includes the cost of purchasing the asset and getting is operational, but this
excludes any training costs for employees which should be included as part of differential cash flows over the life of the project. Indicate whether the statement is true or false