Which One of the Following Statements About Distance Measures Is

question 59

Multiple Choice

Which one of the following statements about distance measures is best?

• A) Euclidean distance is the straight-line distance.
• B) The rectilinear distance between two locations can never exceed the Euclidean distance.
• C) Euclidean distance equals the actual travel distance.
• D) Euclidean distance assumes that the trip between two points is made with a series of 90-degree turns.

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Definitions:

Straight-Line Method

A depreciation method that allocates an equal amount of the asset's cost to each year of the asset's useful life.

Issuance Price

The price at which shares or bonds are sold to the public for the first time.

Present Value

The current worth of a future sum of money or stream of cash flows given a specified rate of return, assessing the value today of an amount to be received in the future.

Maturity Value

The total amount payable to an investor at the end of a debt instrument's life, including the principal and any interest.