Which of the following statements regarding the timeline is FALSE?
A.
Date 1 is the end of the first year.
B.
Date 0 is the beginning of the first year.
C.
The space between date 0 and date 1 represents the time period between two specific dates.
D.
You will find the timeline most useful in tracking cash flows if you interpret each point on the timeline as a period or interval of time.