Final answer:
The OSP-PCSP annual date is not one year plus one day of the previous OSP-PCSP.
Step-by-step explanation:
The statement "The OSP-PCSP annual date is one year plus one day of the previous OSP-PCSP" is FALSE.
OSP stands for Original Scheduled Payment and PCSP stands for Planned Scheduled Payment. These are terms commonly used in financial management to refer to payment schedules. The OSP-PCSP annual date is simply one year after the previous OSP-PCSP date, without any additional days.
For example, if the previous OSP-PCSP date was October 1, 2021, the OSP-PCSP annual date would be October 1, 2022.