Which of the Following Statements Is True of the Calculation

question 14

Multiple Choice

Which of the following statements is true of the calculation of economic damages in a civil litigation?

• A) All future economic damages must be reduced to present value, which requires the application of a discount rate.
• B) Calculations of economic damages are often based on a set of foundational assumptions rather than facts.
• C) Interest on past economic damages is always calculated by a forensic accountant.
• D) Worklife expectancy is the period of time a person is expected to live past retirement.

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Definitions:

Extraversion

A personality trait characterized by outgoingness, high energy, and positive emotions.

Neuroticism

A personality trait characterized by emotional instability, anxiety, moodiness, worry, and fear.

Convergent Validation

A method of establishing the validity of a psychological test by correlating its results with other established measures of the same construct.

Moderator Variables

Variables that affect the strength of the relation between the independent and dependent variables in statistical models.