Which of the Following Statements Is TRUE

Multiple Choice

Which of the following statements is TRUE?

A) It is important to adjust for the differences in the timing of benefits and costs.
B) A dollar received today is worth more than a dollar received in the future,assuming a positive interest rate.
C) Many fund transfers occur over long periods of time and the time frame needs to be adjusted for.
D) All of the above statements are true.
E) Only (a) and (b) are true