The current value in today's dollars of a future sum of money is called

A) future value.
B) adjusted value.
C) compounded value.
D) present value.
E) discounted value.


Answer: D

Business

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When a plant asset is traded for another similar asset, losses on the asset traded are notrecognized

a. True b. False Indicate whether the statement is true or false

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In considering contingencies, IFRS and GAAP define the term "probable" as

A) IFRS - likely; GAAP - likely B) IFRS - likely; GAAP - more likely than not C) IFRS - more likely than not; GAAP - likely D) IFRS - more likely than not; GAAP - more likely than not

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Cash receipts must be at least as much as sales

Indicate whether the statement is true or false

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The processes included in the replenishment cycle include

A) order arrival. B) production scheduling. C) retail trigger. D) manufacturing.

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