Which of the Following Is Not a Component of a Time

question 28

Multiple Choice

Which of the following is not a component of a time value of money calculation?

• A)The amount of cash to be received
• B)The time until the cash will be received
• C)The opportunity costs of the alternative actions
• D)The required rate of return

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Definitions:

Active Patient Ledger

A record or account that keeps track of financial transactions and balances for patients actively receiving care or services from a healthcare provider.

Double-Entry Bookkeeping System

Bookkeeping system that has two notable characteristics: each transaction is recorded in two accounts and each account has two columns. In this system, two entries are made for each transaction: one entry as a debit in an account and one entry as a credit in another account.

Trial Balance

(1) Bookkeeping strategy to confirm accuracy in debits and credits in ledger; (2) A balance sheet reports the assets, liabilities, and stockholders’ equity of a business enterprise at a specific date.

Garbage In, Garbage Out

A principle in computing and data analysis that emphasizes the importance of quality input data to produce meaningful output or results.