Which of the Following Statements Is False

question 38

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:

Sensory Interaction

The principle that one sense can influence another, as when the smell of food affects its taste.

Green-colored

Characterized by or having the color of green, which is visually perceived between blue and yellow.

Difference Thresholds

the minimum difference in stimulus intensity required to detect a difference between two stimuli.

Clairvoyance

The supposed ability to gain information about an object, person, location, or physical event through extrasensory perception.