Which of the Following Statements Is FALSE

question 22

Multiple Choice

Which of the following statements is FALSE?

• A)Finding the present value (PV)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:

Coccyx

The small, triangular bone at the base of the vertebral column, composed of three to five fused vertebrae, commonly known as the tailbone.

Scapula

Also known as the shoulder blade, it is a large, flat triangular bone located in the upper back.

Pelvic Bone

A large irregular bone forming the base of the spine and the upper framework of the pelvis, composed of the ilium, ischium, and pubis.

Trochlear Notch

The deep groove at the upper end of the ulna bone that articulates with the trochlea of the humerus in the elbow joint.