Examveda

Money has time value because

A. the individuals prefer future consumption to present consumption

B. a rupee today is worth more than a rupee tomorrow in terms of its purchasing power

C. a rupee today can be deployed to generate real returns in future

D. both B and C

Answer: Option D


This Question Belongs to Management >> Financial Management

Join The Discussion

Related Questions on Financial Management

Financial Management is the

A. Application of Planning and Control Function to the Finance Function

B. Application of cost plan in respect of production

C. Application of costing system

D. Art of recording