Which of the Following Statements Is/are True Concerning the Time

question 116

Multiple Choice

Which of the following statements is/are true concerning the time value of money?

• A) Money to be received seven years from now has a lower present value than money to be received in three years.
• B) Money received seven years from now will have a lower present value if a higher discount rate is used.
• C) Money received seven years from now will have a greater present value if a higher discount rate is used.
• D) Money to be received seven years from now has a lower present value than money to be received in three years AND money received seven years from now will have a lower present value if a higher discount rate is used.

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Definitions:

Cross-Cultural Training

Educational programs designed to inform and prepare individuals for effective interaction and work in different cultural settings.

Awareness

The state or ability to perceive, to feel, or to be conscious of events, objects, thoughts, emotions, or sensory patterns.

Culture

The shared values, beliefs, behaviors, and norms within a group, organization, or society that shape its identity and practices.

Host Country

A country (other than the parent country) in which an organization operates a facility.