Which of the Following Statements About George B

question 75

Multiple Choice

Which of the following statements about George B.McClellan is FALSE?

• A)He ran against Abraham Lincoln in the election of 1864.
• B)He was found to have,in Lincoln's opinion,a wholly inadequate grasp of strategy,acting too slow for Lincoln's tastes.
• C)He was eventually replaced by General Henry W.Halleck.
• D)He originally served as commander of the Army of Northern Virginia.
• E)He served briefly as chief of staff but returned to the field in March 1862.

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Definitions:

Discount Rate

The interest rate used to discount future cash flows to their present value, reflecting the time value of money and risk of the cash flows.

Future Cash Flow

Projected cash receipts and disbursements over a future period, indicating the amount of money expected to flow in and out of the business.

Present Value

The contemporary valuation of a future money sum or ongoing cash flows, factoring in a defined interest rate.

Rate of Return

The percentage of profit or loss on an investment over a period.