Which of the Following Statements Is CORRECT

question 99

Multiple Choice

Which of the following statements is CORRECT?

• A) One defect of the IRR method versus the NPV is that the IRR does not take account of cash flows over a project's full life.
• B) One defect of the IRR method versus the NPV is that the IRR does not take account of the time value of money.
• C) One defect of the IRR method versus the NPV is that the IRR does not take account of the cost of capital.
• D) One defect of the IRR method versus the NPV is that the IRR values a dollar received today the same as a dollar that will not be received until sometime in the future.
• E) One defect of the IRR method versus the NPV is that the IRR does not take proper account of differences in the sizes of projects.

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Definitions:

Systems Approach

Systems Approach is a problem-solving strategy that views complex entities as coherent wholes, focusing on the interactions and interdependencies among their parts.

Ecological Approach

A perspective in social sciences that considers the complex interrelations between individuals and their environment.

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A set of guidelines established by the National Association of Social Workers to stipulate ethical standards and principles.

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Obligations to adhere to a set of professional values and principles that guide social workers in their practice, including respect for individuals and commitment to socially responsible actions.