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NEW QUESTION: 1
Which of the following would NOT require taking into account the time value of money?
A. Taking a long-term investment decision on the basis of the project's internal rate of return (IRR).
B. Deciding to make a long-term investment in a project on the basis of its payback period.
C. Calculating the present value of a five-year annuity.
D. Selecting an investment project on the basis that it has a positive net present value (NPV).
Answer: C
Explanation:
Reference: https://www.acowtancy.com/textbook/acca-fm/d1-investment-appraisal-techniques/npv/notes

NEW QUESTION: 2
HTTP basic authentication is supported using the REST API.
Which is a valid cookie named?
A. RestSession
B. RestToken
C. SimpleToken
D. sessionid
Answer: C
Explanation:
Reference: http://www01.ibm.com/support/knowledgecenter/SST55W_4.1.0/liaca/liacaconfigrestapi.html

NEW QUESTION: 3
All of the following factors generally explain the equity bid-offer spread in a market EXCEPT:
A. Market volatility
B. Interest rates
C. Market depth
D. Competition among market makers
Answer: B