Which One of the Following Statements Is NOT True

question 63

Multiple Choice

Which one of the following statements is NOT true?

• A) Present value calculations involve bringing a future amount back to the present.
• B) The present value (PV) is often called the discounted value of future cash payments.
• C) The present value factor is more commonly called the discount factor.
• D) All of the above are true statements.

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Definitions:

Endocrine Gland

Ductless gland that secretes a hormone internally, usually into the circulation.

Exocrine Gland

Gland that secretes to a surface or outward through a duct.

Pancreas

A glandular organ in the digestive system and endocrine system that produces hormones including insulin and enzymes necessary for digestion.

Insulin

A hormone produced by the pancreas that regulates glucose levels in the blood.