Process Maps Use Distance, but Not Time, to Show the Movement

question 1

True/False

Process maps use distance, but not time, to show the movement of material, product, or people through a process.

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Definitions:

Time Value of Money

The concept that money available at the present time is worth more than the same amount in the future due to its earning capacity.

Project's Liquidity

The ease with which a project's assets can be converted into cash without significant loss of value.

Discount Rate

The discount rate employed to ascertain the present worth of forthcoming cash flows in an analysis of discounted cash flow.

NPV

Net Present Value; the calculation of the present value of cash inflows minus the present value of cash outflows over a period.