What Is the Name of a Document That Contains the Wishes

question 17

Multiple Choice

What is the name of a document that contains the wishes of the client to be carried out when they are no longer competent?

• A) power of attorney
• B) an advance directive
• C) a will
• D) a DNR order

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Definitions:

Bonus

An additional amount of money given to an employee on top of their regular salary, often as a reward for good performance or as part of a special agreement.

Present Value

The current value of a future sum of money or stream of cash flows, discounted at a specific interest rate.

Bond

A bond is a fixed income instrument that represents a loan made by an investor to a borrower, typically corporate or governmental.

Rule Of 70

The Rule of 70 is a calculation method used to estimate the number of years required for an investment or the economy's GDP to double, based on a constant annual growth rate.