The present value of future cash flow is found by

A) locating the correct factor on a z-table.
B) using a discount factor.
C) plotting the function on a graph.
D) adding the total of all future cash flows.


Answer: B

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What will be an ideal response?

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A. It allows managers to set goals that are slightly above an employee's reach. B. It centralizes the responsibility of setting goals and achieving those goals. C. It enables direct supervision and scrutiny of employees. D. It strengthens subordinates' commitment to achieving goals and meeting budgets. E. It permits complete evaluation of employees over relatively short periods.

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