Question 17 (5 points)

Corporate support functions such as IT and Accounting are accounted for in what type of responsibility center?

Question 17 options:

	Profit center
	Investment center
	Cost center
	Revenue center

Question 18 (5 points)

Which of the following statements are not true with regards to the balanced scorecard?

Question 18 options:

	The customer perspective focuses on the internal processes required to meet customer needs.
	The financial perspective focuses on value that the organization provides to shareholders by measuring return on investment and residual income.
	The balanced scorecard is a comprehensive performance measurement system that translates an organization's vision into a set of operational performance measures.
	The learning and growth perspective focuses on the organization's ability to change and improve.

Question 19 (5 points)

Which of the following statements is not true about the internal rate of return?

Question 19 options:

	It is the discount rate where the net present value is zero.
	It can be calculated by dividing future cash flows by the initial investment amount.
	If the internal rate of return is greater than the cost of capital, then the capital investment will have a positive net present value amount.
	To determine a precise amount for the internal rate of return, you must use Excel or a financial calculator for your calculation.

Question 20 (5 points)

Which of the following methods ignore the time value of money?

Question 20 options:

	Accounting rate of return and profitability index
	Payback method and profitability index
	Payback method and accounting rate of return
	Payback method and net present value