According to the research cited in this chapter, most people tend to make decisions based on a careful analysis of all available information

In using the capitalization process, which of the following cannot be deducted to determine the net income?

A: A management fee; B: Maintenance expense; C: Mortgage interest; D: Vacancies.

Since individuals are always confronted with opportunities to earn positive rates of return on their funds, the timing of cash flows does not have any significant economic consequences

Indicate whether the statement is true or false