In present and future value computations, it is not true that cashflows are implicitly assumed to occur at the beginning of the period so this statement is False.
The usual convention for present and future value calculations is that if the period of cashflows is not given, it is assumed that the cashflow occurs at the end of the period.
A special formula exists when the cashflows occur at the beginning of the period instead.
In conclusion, this is false.
Find out more on the timing of cashflows at https://brainly.com/question/23841852.
