The present value technique uses discounting to find the present value of each cash flow at the beginning of a project.

Name: The present value technique uses discounting to find the present value of each cash flow at the beginning of a project.
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Quizplus · Accepted Answer

The present value technique involves discounting future cash flows to their present value at the beginning of the project. This helps to determine the value of the project and evaluate whether it is worthwhile or not. Therefore, the given statement is true.

The Present Value Technique Uses Discounting to Find the Present