External data are those generated within the organization for which the research is being conducted

_______________: A repeating amount of cash inflow or outflow, flow normally begins at end of first period, sometimes at time zero

Fill in the blank(s) with the appropriate word(s).

TRL, Inc has spent $2,000,000 in nonrefundable engineering fees in contemplation of building a

convention center and the additional costs to complete the project are $18,000,000. The present value of all benefits the center will produce in its lifetime are $19,000,000, so TRL should not build the convention center. Indicate whether the statement is true or false