What term describes the idea that money received today holds greater worth than the same amount received at a later date?

Capital Budgeting and Cost Benefit Analysis MCQs for PPSC, FPSC, NTS, and Pakistan government job tests. Select an option below, then read the explanation.

Capital Budgeting and Cost Benefit Analysis

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Subject
Capital Budgeting and Cost Benefit Analysisaccounting-mcqs › cost-accounting-mcqs › capital-budgeting-and-cost-benefit-analysis
Published
27 Apr 2023
Last updated
28 May 2026

Browse all Capital Budgeting and Cost Benefit Analysis MCQs

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Explanation

The concept that money available now is more valuable than the identical sum in the future is known as the time value of money. This principle reflects the potential earning capacity of money over time.

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