Which of the Following Statements Is FALSE

question 72

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:

Alcohol Withdrawal

A group of symptoms that may occur when an individual who has been drinking heavily for weeks, months, or years stops or reduces alcohol consumption.

Safe Environment

A condition or state of being free from physical, psychological, or emotional harm and risk factors that could cause injury or disease.

Alcohol-Abuse Counselor

A professional who provides support, strategies and therapy to individuals struggling with alcohol dependency or abuse.