Which of the Following Statements Is CORRECT

question 57

Multiple Choice

Which of the following statements is CORRECT?

• A) The internal rate of return method (IRR)is generally regarded by academics as being the best single method for evaluating capital budgeting projects.
• B) The payback method is generally regarded by academics as being the best single method for evaluating capital budgeting projects.
• C) The discounted payback method is generally regarded by academics as being the best single method for evaluating capital budgeting projects.
• D) The net present value method (NPV)is generally regarded by academics as being the best single method for evaluating capital budgeting projects.
• E) The modified internal rate of return method (MIRR)is generally regarded by academics as being the best single method for evaluating capital budgeting projects.

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Definitions:

Global Warming

The long-term rise in Earth's average surface temperature, primarily due to human activities that release greenhouse gases into the atmosphere.

Carbon Emissions

The release of carbon dioxide into the atmosphere, primarily through the burning of fossil fuels, leading to climate change and global warming.

Sustainable Development

Sustainable development refers to economic growth that is conducted without depletion of natural resources, ensuring that the needs of the present are met without compromising the ability of future generations to meet their own needs.

Economic Development

The process by which a nation improves the economic, political, and social well-being of its people, often measured by increases in income, education, and health.