The only difference between the present value and future value of a lump sum is the amount of interest that is earned in the intervening time span

Which of the following statements is true concerning the notice that should be given to third

parties upon the dissolution of a partnership? A) All third parties need receive only constructive notice. B) Third parties who have dealt with the partnership must receive constructive notice. C) Third parties who have not dealt with the partnership, but who know of its existence, must receive constructive notice. D) All third parties must receive actual notice.

Validation of a simulation model occurs when the true steady state average results have been reached

Indicate whether this statement is true or false.