An increase in the discount rate will

An increase in the discount rate will Compensate for reduce risk. Have no effect on the net present value. Increase the present value of future cash flows. Reduce the present value of future cash flows.

A cost is

A cost is A sacrifice All of the above Measurement of consumption of resources Release of something of value

Debtors mean:

Debtors mean: Amount owing by owners Amount owing by outsiders Amount owing by investors Amount owing by customers

Accounting cycle is

Accounting cycle isΒ  To prepare up to Trial Balance To record the journals To post journal into ledger From recording transactions to preparation of final accounts

Prime cost means

Prime cost means Direct materials Direct materials and direct labor Direct labor Direct materials, direct labor and direct expense

Management is a

Management is aΒ  Science Arts Commerce Both Science and Arts