__________ Is Increasingly Included as a Factor in Performance Evaluations

question 82

Multiple Choice

__________ is increasingly included as a factor in performance evaluations and merit pay increases.

• A) Corporate social responsibility
• B) Community social responsibility
• C) Corporate social accountability
• D) Community social accountability

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Definitions:

Present Value

Present value is a financial concept that calculates the current worth of a future sum of money or stream of cash flows, given a specified rate of return.

Discount Rate

The interest rate used to determine the present value of future cash flows in discounted cash flow analysis; also refers to the interest rate charged by central banks on loans to commercial banks.

Cash Flows

The complete sum of cash inflows and outflows within a corporation, severely impacting its liquidity stance.

Present Value

The present-day financial assessment of a sum of money to be received later or a series of cash flows, based on a specific rate of return.