Present Value May Be Defined As

question 15

Multiple Choice

Present value may be defined as:

• A) future cash flows discounted to the present.
• B) official prescribed price.
• C) present cash flows compounded into the future.
• D) the average of the bid and asked price.

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Definitions:

Health Insurance

A type of insurance coverage that pays for medical and surgical expenses incurred by the insured or reimburses them for expenses from illnesses or injuries.

Workers' Compensation Insurance

Insurance that provides medical benefits and wage replacement to employees injured on the job.

FUTA

This Act enforces a payroll tax on enterprises to finance state labor agencies, known as the Federal Unemployment Tax Act.

SUTA

State Unemployment Tax Act, which mandates unemployment insurance taxes that employers must pay.