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NEW QUESTION: 1

A. Option E
B. Option C
C. Option D
D. Option A
E. Option B
Answer: D

NEW QUESTION: 2
When human resources function and accounts payable is located and reports into the head office is what
type of organization structure?
A. Decentralized
B. Centralized
C. Functional
D. Matrix
Answer: B
Explanation:
When human resources function and accounts payable is located and reports into the head
office is a centralized type of organization structure. Centralized means that control and operational
control is held centrally.

NEW QUESTION: 3
You have recently accepted a one-year employment term by a firm. The firm has given you the option of receiving your salary as a lump sum value of $30,000 at the end of the year or as 12 monthly payments of
$2,400 starting one month after you start work. If your relevant discount rate is 2 percent per month, then which salary options would you prefer? (Ignore taxes, risk, and consumption needs.)
A. The lump sum payment, since it has the larger present value.
B. Either one, since they have the same present value.
C. Monthly payments, since you do not have to wait so long to receive your money.
D. Monthly payments, since it has the larger present value.
E. The lump sum payment, since it has the larger future value.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Monthly option PV = $2,400(PVIFA(2%,12)) = $2,400(10.5753) = $25,380.72.
Annual option PV = $30,000(PVIF(2%,12)) = $30,000(0.7885) = $23,655.

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