-You Have Some Property for Sale and Have Received Two

question 30

Multiple Choice

-You have some property for sale and have received two offers.The first offer is for $89,500 today in cash.The second offer is the payment of $35,000 today and an additional $70,000 two years from today.If the applicable discount rate is 11.5 percent,which offer should you accept and why?

• A) You should accept the $89,500 today because it has the higher net present value.
• B) You should accept the $89,500 today because it has the lower future value.
• C) You should accept the first offer as it has the greatest value to you.
• D) You should accept the second offer because it has the larger net present value.
• E) It does not matter which offer you accept as they are equally valuable.

Appreciate the biological limitations and instinctual drift as constraints on learning.

Recognize the cognitive aspects of learning, including cognitive expectancy and latent learning.

Understand the importance of general laws of learning and personal adaptations in the context of behaviorism.

Understand the various forms of departmentalization within an organization.

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Definitions:

Cash Over and Short

An account that records any discrepancies between physical cash and the recorded amount, used to track overages and shortages.

Petty Cash Transactions

Small amounts of cash kept on hand for making immediate payments for miscellaneous small expenses.

Computerized Accounting System

Software used to manage and record accounting transactions, improving efficiency and accuracy.

ATM Withdrawals

Transactions where cash is taken out of a bank account using an Automated Teller Machine.