Which Statement Best Describes Time Lines

question 9

Multiple Choice

Which statement best describes time lines?

• A)A time line is not meaningful unless all cash flows occur annually.
• B)Time lines are useful for visualizing complex problems prior to doing actual calculations.
• C)Time lines cannot be constructed to deal with situations where some of the cash flows occur annually but others occur quarterly.
• D)Time lines can be constructed only for annuities where the payments occur at the ends of the periods, i.e., for ordinary annuities.

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Definitions:

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The seventh President of the United States (1829–1837), known for his populist approach and the implementation of the Indian Removal Act.

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Influence or persuasion exerted by interest groups, political parties, or the public to achieve a desired political or policy outcome.

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A sector of government composed mainly of career bureaucrats hired on professional merit rather than appointed or elected, whose role is to implement government policy.