The Primary Citation for a Federal Circuit Court of Appeals

question 19

Multiple Choice

The primary citation for a federal circuit court of appeals case would be

• A)40 AFTR 2d 78-1234.
• B)44 F.Supp. 403.
• C)3 F.3d 134.
• D)79-2 USTC & 9693.

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Definitions:

Initial Investment

The initial amount of money invested in a project or venture.

Financial Break-Even

The point at which total revenues equal total costs and expenses, leaving no net gain or loss.

Accounting Basis

Refers to the method under which income and expenses are recognized and reported. The two primary methods are cash basis and accrual basis accounting.

NPV

Net Present Value, a calculation that discounts all cash flows associated with a project or investment back to the present value to assess its profitability.