Which of the Following Statements Is FALSE

question 69

Multiple Choice

Which of the following statements is FALSE?

• A)The payback investment rule is based on the notion that an opportunity that pays back its initial investments quickly is a good idea.
• B)An IRR will always exist for an investment opportunity.
• C)An NPV will always exist for an investment opportunity.
• D)In general,there can be as many IRRs as the number of times the project's cash flows change sign over time.

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Definitions:

Obedience

A change in behavior in response to an instruction or command from another person.

Compliance

A change in behavior in response to a request.

Dissonance Theory

A theory proposed by Leon Festinger that suggests that inconsistency among beliefs or behaviors causes psychological discomfort (dissonance), leading to efforts to reduce the dissonance.

Innocence

symbolizes the state of being free from guilt or moral wrong, typically attributed to children or in legal contexts where an individual is found not guilty of a crime.