Which of the Following Statements Is FALSE

question 60

Multiple Choice

Which of the following statements is FALSE?

• A)It is possible that an IRR does not exist for an investment opportunity.
• B)If the payback period is less than a pre-specified length of time,you accept the project.
• C)The internal rate of return (IRR)investment rule is based upon the notion that if the return on other alternatives is greater than the return on the investment opportunity,you should undertake the investment opportunity.
• D)It is possible that there is no discount rate that will set the NPV equal to zero.

---

Definitions:

Qualifying Widow(er)

A tax filing status available to a widowed individual with dependents, providing eligibility for standard deduction and tax rates that are more favorable for a specific period following the spouse's death.

Qualifications

The skills, experience, and education required to perform a job or task, or criteria to receive a benefit.

File

To file means to submit documents officially to a required authority, often used in the context of filing taxes or legal paperwork.

Head of Household

A filing status for tax purposes that provides higher standard deductions and lower tax rates for individuals who are unmarried and support dependents.