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    Financial Management Theory and Practice Study Set 1
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    Exam 10: The Basics of Capital Budgeting: Evaluating Cash Flows
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    A Decision to Undertake Significant Downsizing to Control Fixed Costs
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A Decision to Undertake Significant Downsizing to Control Fixed Costs

Question 116

Question 116

True/False

A decision to undertake significant downsizing to control fixed costs is usually made by senior management,with the decision reported to the firm's board of directors.

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