In ___________________ we avoid value judgments and focus on facts?

Related Mcqs:

1. An analytic approach in which we move from general to particular from theory to facts is_________________?

   A. Induction
   B. Deduction
   C. Specification
   D. None

2. The transfer of savings from developing countries to industrially advanced countries to avoid govt. expropriation, taxation and high rates of inflation is_________________?

   A. capital flight
   B. capital account
   C. capital deficit
   D. All of these

3. A course of action indented to correct or avoid a problem_________________?

   A. Economic principle
   B. Economic policy
   C. Economic phenomena
   D. Economic rationale

4. The value of a product sold by a firm less the value of the products purchased and used by the firm to produce the product____________________?

   A. Value added
   B. Value of money
   C. Vertical range
   D. None

5. The use of foreign currency as a medium of exchange in place of or long with the local currency e.g. (Mdexican Pesos)___________________?

   A. Partial substitution
   B. Currency substitution
   C. Currency devaluation
   D. None

6. An accounting item which increase the value of an asset___________________?

   A. Debit
   B. Credit
   C. Loan
   D. None

7. The gradual decline over time in the value or price of one currency in terms of another as a result of market forces of supply and demand ?

   A. Depreciation
   B. Downsizing
   C. Rightsizing
   D. All

8. Discount rate that causes a project to have a net present value of zero used to rank projects in comparison with market rates of interest?

   A. Rate or returns
   B. External rate or returns
   C. Internal rate or returns
   D. None

9. An accounting item which decreases the value of an asset___________________?

   A. Debit
   B. Credit
   C. Depreciation
   D. None

10. A debit which monitory value, an amount awed by a firm or an individual___________________?

    A. Lockout
    B. Logrolling
    C. Liability
    D. None