6. Which method does not consider time value of money? A) Profitability index B) Net present value method C) Internal rate of return method Annual rate of return D) 7. Which one of the capital budgeting methods does not use cash flow A) Cash payback technique B) Annual rate of return method C) Internal rate of return method D) Net present value method 8. Wilson Company determined that its standard number of hours that worked for the output attained is 6,000 direct labor hours and the act direct labor hours worked was 5,800. The direct labor price variance unfavorable, and the standard rate of pay was $14 per direct labor ho actual rate of pay for direct labor? A) $14.20 per direct labor hour B) C) D) $13.80 per direct labor hour $14.39 per direct labor hour $14.68 per direct labor hour 9. Cash provided by operating activities A) may be larger than net income. B) equals the change in cash for the year. C) summarizes cash flows relating to the purchase and sale of lon D) decreases when long-term debt is repaid. 10. Fane Consulting sold office equipment which resulted in a loss on t activities are affected by this transaction? A) Operating and investing activities B) Operating and financing activities C) Financing and investing activities D) Operating, financing, and investing activities