The excess of the present value of benefits over the present value of costs of a course of Action is called as: a.All of these b.Benefits c.Wealth d.Payoff

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter9: Current Liabilities And Contingent Obligations
Section: Chapter Questions
Problem 20GI
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The excess of the present value of benefits over the present value of costs of a course of Action is called as:
a.All of these
b.Benefits
c.Wealth
d.Payoff 
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