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:

Control Theory

The theory that an individual’s tendency to engage in deviant behavior is influenced by his or her ties to other persons. There are four components of such ties: attachment, commitment, involvement, and belief.

Involvement

The degree of interest and engagement that an individual or group has in a particular activity or situation.

Social Life

The part of an individual's time that is spent engaging with others in the community or society, participating in social activities, and building relationships.

Opportunity Structure

An environment in which an individual has opportunities to enact a role, which usually requires the assistance of those in complementary roles.