As a Meal Is Consumed,there Is

question 130

Multiple Choice

As a meal is consumed,there is

• A) a rapid decline in the positive-incentive values of the particular tastes that are being consumed.
• B) an increase in the positive-incentive value of the foods that are being consumed.
• C) a gradual decline in the positive-incentive value of all foods.
• D) no effect on the positive incentive value of familiar tastes.
• E) both A and C

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Definitions:

Terminal Loss

The amount that can be deducted against income if, on the sale of the last asset in an asset class, the undepreciated capital cost is positive.

CCA Recapture

In Canadian taxation, the portion of the Capital Cost Allowance that is added back to income when an asset is disposed of for more than its undepreciated capital cost.

Risk-adjusted Cost of Capital

The rate of return that must be achieved in order to compensate for the risk of an investment, adjusting the cost of capital according to the risk involved.

IRR Estimate

An estimation of the Internal Rate of Return, which is the discount rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero.