Which One of These Statements Is Correct

question 62

Multiple Choice

Which one of these statements is correct?

• A) A dollar received next year has the same value as a dollar received today.
• B) Risky cash flows are more valuable than certain cash flows.
• C) Smart investment decisions create more value than smart financing decisions.
• D) Corporate governance is irrelevant.

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Definitions:

Set Goals

The process of identifying specific, measurable, achievable, relevant, and time-bound objectives.

Influence Others

The process of affecting the actions, beliefs, or attitudes of another person or group through persuasion or authority.

Visionary

An individual with a clear, distinctive, and specific future view, combined with the ability to communicate that vision in a way that influences others.

Empowering

The act of giving someone the authority or power to do something, or making someone stronger and more confident, especially in controlling their life and claiming their rights.