Because international capital budgeting is so difficult, time consuming, expensive, and uncertain, firms generally forego any type of additional sensitivity analysis after completing a base-case scenario

Team __________ describes the collection of jobs, personalities, values, knowledge, experience, and skills of team members

a. conflict b. cohesion c. composition d. interaction

If inventory levels are stable or increasing, an argument which is not an advantage of the LIFO method as compared to FIFO is

a. income taxes tend to be reduced in periods of rising prices. b. cost of goods sold tends to be stated at approximately current cost on the income statement. c. cost assignments typically parallel the physical flow of goods. d. income tends to be smoothed as prices change over time.