All of the Following Statements Are Correct EXCEPT

question 25

Multiple Choice

All of the following statements are correct EXCEPT:

• A) using the wrong hose can result in a fire or damage to a major component.
• B) common fuel hose sizes are 5/16" and 3/8" for pressure hoses and 1/4" for return lines.
• C) common heater hose sizes are 7/8" and 1/4".
• D) hoses are sized according to their inside diameter.

---

Definitions:

Present Value

The value today of a future money sum or cash flow stream, determined by a specified return rate.

Cash Flows

The comprehensive sum of cash being moved into and away from a business, critically impacting its financial agility.

Financial Calculator

A specialized calculator designed to perform financial functions including interest rates, payments, investment value calculations, and other financial metrics.

Present Value

The current equivalent value of a future stream of payments or a single financial sum, using a specific return rate.