The Terminal or Horizon Value Is the Value of a Venture

question 49

True/False

The terminal or horizon value is the value of a venture at the end of its explicit forecast period.

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Definitions:

Cost Drivers

Factors that cause the cost of an activity or process to change.

Students

Individuals enrolled in an educational institution or program, engaged in learning and academic studies.

Courses

Educational classes or programs of study provided by an institution such as a university, college, or training center.

Activity Variances

The differences between planned levels of activity and actual levels, and their impact on budgeted figures.