A Father Describes His Child as Hyperactive

question 46

Multiple Choice

A father describes his child as hyperactive. As the psychologist you should:

• A) accept the fathers diagnosis. Clearly they have been to another professional previously
• B) ask questions about the behavior. Diagnostic labels are sometimes used in everyday conversation
• C) dismiss the use of any words that have made their way into mainstream lingo
• D) None of the above

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Definitions:

Time Value of Money

The concept that money available at the present time is worth more than the same amount in the future due to its earning capacity.

Net Present Value

A calculation that compares the value of a dollar today to the value of that same dollar in the future, taking inflation and returns into account.

Present Value Factor

A factor used to calculate the present value of a future amount of money or stream of cash flows given a specific rate of return.

Straight-Line Depreciation

A process of dividing the expense of a substantial asset into identical annual portions over its useful duration.