All of the Following Is True About the National Association

question 41

Multiple Choice

All of the following is true about the National Association for the Advancement of Colored People (NAACP) , except

• A) The organization was founded in 1909.
• B) W.E.B. Du Bois was one of its most important early organizers.
• C) One of its main missions was an end to lynching.
• D) Its campaign for desegregation proved a quick and early success in the organization's history.
• E) It grew out of the Niagara Movement.

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Definitions:

Profitability Index

A calculation that measures the relative profitability of an investment, determined by dividing the present value of future cash flows by the initial investment cost.

Time Value

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

Money

A medium of exchange that is widely accepted in transactions for goods and services and the repayment of debts.