Various Studies Have Found That Only Two Specific Benefits Curtailed

question 5

Multiple Choice

Various studies have found that only two specific benefits curtailed employee turnover: _____ and _____.

• A)vacation days; dental plans
• B)profit-sharing plans; life insurance
• C)retirement benefits; paid vacations
• D)pensions; medical coverage

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Definitions:

Discount

The reduction in the nominal value of something or the process of determining the present value of future cash flows.

Direct Quote

In foreign exchange, a price quote that specifies the domestic currency price of one unit of foreign currency.

Indirect Quote

A currency quotation in the foreign exchange markets that expresses the amount of foreign currency required to buy or sell one unit of the domestic currency.

Forward Rate

The agreed-upon price for a financial transaction that will occur at a future date, as in currency or interest rate swaps.