In Comparing the Techniques of Net Present Value and Internal

question 8

Multiple Choice

In comparing the techniques of net present value and internal rate of return:
I. The NPV and IRR techniques will generate the same accept-reject decision provided the projects have conventional cash flows.
II. The differences between the underlying assumptions of NPV and IRR can cause them to rank projects differently.

• A) Only statement I is correct.
• B) Only statement II is correct.
• C) Both statements I and II are correct.
• D) Neither statement I nor II is correct.

---

Definitions:

Nerve Impulses

Nerve impulses are electrical signals that travel along neurons, facilitating communication within the nervous system.

CN VIII

Cranial Nerve VIII, also known as the vestibulocochlear nerve, which is responsible for hearing and balance.

Cerumen

The scientific term for earwax, a substance produced in the ear canal that protects the ears from dust, foreign particles, and microorganisms.

Eczema

A condition causing inflamed, itchy, cracked, and rough skin patches, sometimes accompanied by blisters.