The _____ Is the Master Document That Contains an Employee's

question 39

Multiple Choice

The _____ is the master document that contains an employee's marital status, deductions, and year-to- date earnings.

• A)Form W-4
• B)Payroll register
• C)Employee earnings record
• D)Personnel file

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Definitions:

NPV

Net Present Value, a financial metric that calculates the difference between the present value of cash inflows and the present value of cash outflows over a period of time.

Salvage Value

The estimated resale value of an asset at the end of its useful life, accounting for depreciation.

Discount Rate

In discounted cash flow analysis, this is the rate used to ascertain the present worth of cash flows expected in the future.

Tax Rate

The tax imposition rate on the financial gains of individuals and corporations.