The payback method of analysis ignores which one of the following?
A. Initial cost of an investment
B. Arbitrary cutoff point
C. Cash flow direction
D. Time value of money
E. Timing of each cash inflow
Ans: D. Time value of money
Business
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The liquidity coverage ratio (LCR) and net stable funding ratio (NSFR) proposed by the Bank for International Settlements are scheduled to take effect in
A. 2011 for LCR and 2014 for NSFR. B. 2012 for both LCR and NSFR. C. 2015 for LCR and 2018 for NSFR D. 2013 for LCR and 2016 for NSFR. E. 2014 for both LCR and NSFR.
Business
Ad hoc is a Latin word, meaning ________
A) out of chaos B) from one, many C) by that very act D) with respect to a specific purpose E) and the rest
Business