MCQ Collection
China MCQs
Practice China questions with answers and explanations.
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Correct Answer: B. A sustainable advantage depends on valuable capabilities that competitors cannot easily match
Explanation:
Strategic advantage reflects differentiated resources, positioning and the difficulty of imitation.
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Correct Answer: B. Internal control provides reasonable, not absolute, assurance over objectives
Explanation:
Controls reduce risk but face limitations such as judgement, collusion, override and cost-benefit constraints.
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Correct Answer: A. A sustainable advantage depends on valuable capabilities that competitors cannot easily match
Explanation:
Strategic advantage reflects differentiated resources, positioning and the difficulty of imitation.
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Correct Answer: A. Risk responses may include avoiding, reducing, transferring or accepting risk based on appetite and cost
Explanation:
Risk management selects proportionate responses after assessing likelihood, impact and organisational objectives.
Correct Answer: 5471.7
Explanation:
PV=5800/(1+0.06)^1=5471.70.
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Correct Answer: D. A future cash flow is discounted because money available earlier can earn a return
Explanation:
Present value converts future cash flows using a required return that reflects time and risk.
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Correct Answer: A. A positive NPV indicates value above the required return under the stated assumptions
Explanation:
NPV discounts incremental cash flows at the required rate and measures value created.
Correct Answer: 4215.13
Explanation:
PV=5950/(1+0.09)^4=4215.13.
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Correct Answer: D. A future cash flow is discounted because money available earlier can earn a return
Explanation:
Present value converts future cash flows using a required return that reflects time and risk.
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Correct Answer: D. A future cash flow is discounted because money available earlier can earn a return
Explanation:
Present value converts future cash flows using a required return that reflects time and risk.
Choose an option to check your answer.
Correct Answer: A. A positive NPV indicates value above the required return under the stated assumptions
Explanation:
NPV discounts incremental cash flows at the required rate and measures value created.
Correct Answer: 4751.11
Explanation:
PV=5500/(1+0.05)^3=4751.11.