All Other Things Held Constant,the Present Value of a Given

question 40

True/False

All other things held constant,the present value of a given annual annuity decreases as the number of periods per year increases.

---

Definitions:

Subchapter S Corporation

A type of corporation in the United States that meets specific Internal Revenue Code requirements, allowing it to pass income directly to shareholders and avoid double taxation.

Form 1120S

A tax document submitted to the IRS used by S corporations to report their income, deductions, and credits.

Form 1120

The tax form used by corporations in the United States to report their income, gains, losses, deductions, credits, and to calculate their federal income tax liability.

Company Data File

A digital file containing important data about a company's operations, finances, and transactions, often used in accounting software.