The name of the expression used for completing terms today for a transaction that will occur on a scheduled later date is which of the following?
A)anticipated outcome
B)amortization
C)present value determinant
D)forward transactions

Question

Quizplus · Accepted Answer

Forward transactions involve completing terms for a transaction that will occur on a scheduled later date, which makes it the appropriate choice for this question. Option A is incorrect because anticipated outcome refers more to predictions about the future, rather than completing terms. Option B is incorrect because amortization is a process where a debt is gradually paid off over time, and is not directly related to completing terms for a future transaction. Option C is incorrect because present value determinant is a term used in finance to refer to the factors that affect the present value of an investment, but it is not directly relevant to completing terms for a future transaction.

The Name of the Expression Used for Completing Terms Today