Which of the Following Statements Is FALSE

question 9

Multiple Choice

Which of the following statements is FALSE?

• A)Decision nodes are nodes in which uncertainty is involved that is out of the control of the decision maker.
• B)Most investment projects allow for the possibility of reevaluating the decision to invest at a later point in time.
• C)A decision tree is a graphical representation of future decisions and uncertainty resolution.
• D)With binomial trees the uncertainty is not under the control of the decision maker.