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Exam (elaborations)
APM PMQ Business Case and Investment Appraisal Exam Questions And Answers
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---7May 20252024/2025A+
- APM PMQ Business Case and Investment Appraisal 
Exam Questions And Answers 
 
 
Define the accounting rate of return (ARR) - ANSWER A measure examining the 
profitability of an investment. Mainly informs you what % of the initial investment you'll 
get back each year over the lifetime of the deliverable. 
 
Calculated as: Average annual incremental income (i.e. total income / # years benefits 
are spread across) / Initial investment 
 
Normally expressed as a percentage of ...
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$10.09 More Info
TopGradeGuru
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Exam (elaborations)
APM PMQ Business Case and Investment Appraisal Questions and Answers (rated A)
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---6December 20232023/2024A+
- APM PMQ Business Case and Investment Appraisal Questions and Answers (rated A) 
 
APM PMQ Business Case and Investment Appraisal Questions and Answers (rated A) 
What is a fixed cost? - ANSWER-A cost that remains the same over a given period of time irrespective of output/production changes e.g. rent, rates, step fixed costs. 
 
What is a variable cost? - ANSWER-Refers to a constant amount per unit of output/production e.g. changes in proportion to the volume of output; materials used in product...
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nursingismylife
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Exam (elaborations)
APM PMQ Business Case and Investment Appraisal | Questions with 100% Correct Answers | Verified | Latest Update 2024
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---8December 20232023/2024A+
- What is a fixed cost? - A cost that remains the same over a given period of time irrespective of 
output/production changes e.g. rent, rates, step fixed costs. 
What is a variable cost? - Refers to a constant amount per unit of output/production e.g. changes in 
proportion to the volume of output; materials used in production. 
(May change depending on departmental viewpoint) 
What is a semi-variable cost? - Costs comprising both fixed and variable components e.g. phone 
tariff, photocopier. 
Wh...
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Preach