Examlex
Which statement is incorrect?
Widely Used
A term describing something that is extensively accepted or employed by a large number of people or in various areas.
Net Present Value
A method used in capital budgeting to evaluate the profitability of an investment by determining the difference between the present value of cash inflows and outflows.
Zero
A numerical value representing no quantity or null in mathematical terms; it serves as a placeholder in the decimal system.
NPV
Net Present Value (NPV) is the calculation used to determine the present value of a series of future cash flows minus the initial investment, used in capital budgeting to assess the profitability of an investment.
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