Which of the following is not a factor when determining how much information is given the scope of the presentation?
A) Number of members in the audience
B) Time needed for the introduction
C) Demonstrations
D) Questions
E) Videos
Answer: A
Explanation: A) Be sure to factor in time for introductions, coffee breaks, demonstrations, question-and-answer sessions, and anything else that takes away from your speaking time.
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Which of the following statements is FALSE?
A) To determine the true tax benefit of leverage, we need to evaluate the combined effect of both corporate and personal taxes. B) A personal tax disadvantage for debt causes the WACC to decline more slowly with leverage than it otherwise would. C) Personal taxes have an indirect effect on the firm's weighted average cost of capital. D) In the United States and many other countries, capital gains from equity have historically been taxed more heavily than interest income.
To become a strategy-focused organization:
A) monthly management meetings should focus on variances between actual performance and what was planned. B) the budgeting process must protect long-term initiatives from the pressures to deliver short-term performance. C) scorecards and priorities should be updated annually when preparing next year's budget. D) All of the above are correct.