Play Is Valuable to Children Because It

question 18

Multiple Choice

Play is valuable to children because it:

• A) is a child's right.
• B) allows children to experiment with behaviors.
• C) encourages the development of skills.
• D) all of the above

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Definitions:

Payback Cutoff

The maximum allowable period for an investment to recoup its initial cost, beyond which it is not considered.

NPV

Net Present Value; a calculation used to determine the present value of a series of future cash flows, less the initial investment.

Conventional Cash Flow

A pattern of cash flow over time where an initial outlay is followed by a series of positive cash inflows.

Cash Flows

The entirety of cash and cash-equivalent assets being moved into and exiting a company.