Which of the Following Statements Is False

question 17

Multiple Choice

Which of the following statements is false?

• A)Virtually any transaction that can be broken down into periodic cash flows utilizes the time value of money concept and can be reduced to present value, future value, and other equivalent values
• B)The uses of present value in business decision making are limited.
• C)Financial accounting information is useful because it helps investors, creditors, and other interested parties evaluate and control the business decisions of management.
• D)Because present value is the economic form of valuation, financial accounting information must reflect present value if it is to be useful.

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Definitions:

Categorical Propositions

Categorical propositions are statements that assert or deny something about a category or class of objects, often structured in terms of all, no, or some.

Standard Form

A conventional or widely accepted way of presenting something, usually in a formal or structured manner.

Content

The information, subjects, or thematic elements contained within a work or conveyed by a message.

Standard Form I

Generally refers to a universally accepted or conventional format or structure for a particular type of document or argument, though without more context, its specific application in this case is unclear.