Which of the Following Statements Is FALSE

question 27

Multiple Choice

Which of the following statements is FALSE?

• A)Most projects will require the firm to invest in net working capital.
• B)The main components of net working capital are cash,inventory,receivables,and property,plant and equipment.
• C)ΔNWC_t = NWC_t - NWC_{t - 1.}
• D)In the final year of a project,the firm ultimately recovers the investment in net working capital.

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Definitions:

Curb

To check, restrain, or control an action or development, often used in the context of regulations or policies designed to limit certain behaviors.

Felsic

Refers to igneous rocks that are rich in lighter elements such as silicon and oxygen, generally characterized by light colors.

Mafic

A material having high contents of magnesium (Mg) and iron (Fe), generally accompanied by a decreased amount of silica.

Igneous Fragments

Pieces of rock formed from the cooling and solidification of magma or lava, often found in volcanic or plutonic environments.