Which of the Following Statements Is FALSE

question 32

Multiple Choice

Which of the following statements is FALSE?

• A)The word "queue" derives from the French word for a braid of hair.
• B)Only straight lines that determine order of service can be considered queues.
• C)Milgram found that individuals enforce the norms of a waiting line both verbally and nonverbally.
• D)Queues are based on the norm "first come,first served" (or "first in,first out").
• E)Queues are sustained both by social norms and self-interest.

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Definitions:

Net Present Value

A financial metric that calculates the present value of all cash inflows and outflows of a project or investment, using a specific discount rate.

Internal Rate

Commonly signifies the internal rate of return (IRR), identified as the discount rate that sets the net present value (NPV) of all cash flows pertaining to a specific project at zero.

Financial Analysis

The evaluation of a company's financial statements to determine its performance and make future predictions, often involving ratio and trend analysis.

Return

The gain or loss generated on an investment over a particular period, expressed as a percentage of the investment’s initial cost.