Which of the Following Statements Is FALSE

question 72

Multiple Choice

Which of the following statements is FALSE?

• A)Finding the present value and compounding are the same.
• B)A dollar today and a dollar in one year are not equivalent.
• C)If you want to compare or combine cash flows that occur at different points in time,you first need to convert the cash flows into the same units or move them to the same point in time.
• D)The equivalent value of two cash flows at two different points in time is sometimes referred to as the time value of money.

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Definitions:

Cohort Differences

Variations in characteristics, experiences, or outcomes among groups of people who share a particular common demographic experience, such as year of birth.

Operant Conditioning

Operant conditioning is a learning process wherein behavior is modified by reinforcement or punishment, a principle established by B.F. Skinner in behavioral psychology.

Oatmeal Mush

A simple, traditional dish made by cooking oats with water or milk until they form a soft, mushy consistency.

Puff of Air

A brief blast of air used in various psychological and medical tests, often to gauge the blink reflex or to administer certain substances.