Which of the Following Would NOT Be Considered an Agent

question 70

Essay

Which of the following would NOT be considered an agent?
a.A salesman who sells his employer's goods.
b.A manager who hires employees for the store owner.
c.A bus driver in relation to the riders.
d.A buyer who regularly buys merchandise for a store.

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Definitions:

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period of time.

Payback Period

The length of time required to recover the cost of an investment or determine how long it takes for an asset to generate enough cash flow to cover its original cost.

Cost Recovery

The process by which an entity regains the capital expenditure of an investment over time, through various methods such as depreciation, amortization, or depletion.

Payback Periods

The length of time required to recover the cost of an investment or project.