Which of the Following Statements Is FALSE

question 56

Multiple Choice

Which of the following statements is FALSE?

• A) FV =
• B) PV =
• C) FV = C_n × (1 + r)ⁿ
• D) Most investment opportunities have multiple cash flows that occur at different points in time.

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Definitions:

Flexible Budget

A budget which is responsive and adjusts based on fluctuations in levels of volume or activity.

Sales Commissions

Fees paid to salespersons for selling products or services, often a percentage of the sale amount.

Shipping Expenses

Costs incurred by a company to transport its products to customers, often classified as part of operating expenses.

Sales Manager's Salary

The compensation paid to the individual responsible for directing and managing a company's sales team and strategies.