Future Value Focuses on the Valuation of Cash Flows Received

question 58

True/False

Future value focuses on the valuation of cash flows received over time, while present value focuses only on the valuation of cash flows received at a point in time.

---

Definitions:

Employment-at-Will Doctrine

A legal doctrine that defines an employment relationship in which either party can break the relationship with no liability, provided there is no express contract for a definite term governing the employment relationship.

Polygraph Test

A lie detector test that measures physiological responses such as blood pressure, pulse, and respiration to determine the truthfulness of an individual's answers.

Title VII

Refers to a provision in the Civil Rights Act of 1964 that bans discrimination in employment based on an individual's race, color, religion, sex, or national origin.

Civil Rights Act of 1964

Landmark legislation in the United States that outlawed discrimination based on race, color, religion, sex, or national origin.