Which of the Statements Below Is FALSE

Which of the statements below is FALSE?

A) In order to account for the time value of money with the Payback Period Model,the future cash flow needs to be restated in current dollars.
B) The Discounted Payback Period method is the time it takes to recover the initial investment in current dollars.
C) When we discount a future cash flow with our standard time-value-of-money concepts,we inherently assume that the entire cash flow was received at the end of the year.
D) The Payback Period method (with no discounting) is the dollar amount that it takes to recover the initial investment in current dollars.