In Terms of Extant Diagnostic Criteria, Disorders of Old-Age in DSM-5

question 89

Multiple Choice

In terms of extant diagnostic criteria, disorders of old-age in DSM-5:

• A) Have been revised substantially from the previous DSMs.
• B) Are basically the same as those of younger adults.
• C) Are included in a separate section for the first time.
• D) Are basically similar to Axis II disorders.

Understand and calculate the effective annual rate (EAR) with different compounding frequencies including continuous compounding.

Analyze and calculate payments for saving plans and retirement funds.

Understand the concept of dividends and calculate returns on stocks.

Calculate the present and future values of uneven cash flow streams.

---

Definitions:

Fair Value

The price that would be received for selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.

Bonds Payable

Long-term liabilities representing amounts owed by an entity to bondholders, to be repaid at specified maturity dates with interest.

Net Book Value

The net book value is the value at which an asset is carried on a balance sheet, calculated as the original cost minus accumulated depreciation and impairment losses.

Carrying Value

The net amount at which an asset or liability is reported in the financial statements, factoring in its original cost and any related depreciation, amortization, or impairment costs.