Which Type of Plan Appeared as One of the First

question 25

Multiple Choice

Which type of plan appeared as one of the first discretionary benefits practices?

• A)wellness plans
• B)employee discounts
• C)educational assistance
• D)retirement plans

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Definitions:

Payback Period

The duration required for an investment to recoup its initial outlay in terms of profits or savings.

Initial Investment

The amount of money used to start a project, business, or investment, often encompassing costs such as capital expenditures and working capital.

Cash Flows

The net amount of cash and cash-equivalents being transferred into and out of a business, showcasing the company's financial health and operational efficiency.

Crossover Rate

The rate at which two projects have the same net present value or where their NPV profiles intersect.