Employee Assistance Programs (EAPs)

question 37

Multiple Choice

Employee assistance programs (EAPs) :

• A) are specifically designed to meet the needs of employees with chronic personal problems that hinder their job performance
• B) serve as a form of indirect compensation that benefits the individual and the firm
• C) often serve employees with drug or alcohol additions
• D) can help employees cope with eating disorders, financial problems, smoking cessation, and AIDS
• E) are accurately described by all of the above

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Definitions:

Amount Invested

The total sum of money committed into a venture, asset, or security by an investor or group of investors.

Investment Date

The specific date on which an investment was made or acquired, which is important for calculating holding periods, interest, dividends, and capital gains.

Capital Investment Analysis

The process of evaluating the advisability of investing in long-term assets, based on potential returns.

Present Value

A rephrased definition denoting the current value of a future amount of money discounted at a particular rate of return.