Which of the Following Statements Is Correct

question 79

Multiple Choice

Which of the following statements is correct?

• A) A time line is not meaningful unless all cash flows occur annually.
• B) Time lines are useful for visualizing complex problems prior to doing actual calculations.
• C) Time lines cannot be constructed in situations when the cash flows occur at yearly and quarterly frequencies
• D) Time lines cannot be constructed for annuities where the payments occur at the beginning of the periods.

---

Definitions:

Haymarket Affair

A significant event in labor and anarchist history that occurred in 1886 in Chicago, marked by a rally that turned violent when a bomb was thrown, leading to deaths of police officers and protesters.

Historical Significance

The importance attributed to a past event, person, or invention in shaping history, cultures, or society, often used to determine what is taught or commemorated.

Great Railroad Strike

A widespread labor revolt in 1877 across the United States against major railroad companies, sparked by wage cuts amidst harsh working conditions.

Historical Significance

The quality of being important or noteworthy in history due to having a profound impact on events, developments, or historical figures.