Write True or False to the Statements Below

question 88

True/False

Write True or False to the statements below.If the statement is false, rewrite the underlined word or phrase to make the statement true.
-An agreed-upon common language to facilitate communication on specific topics, such as business is called a language family.

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Definitions:

Mutually Exclusive Projects

Projects in which the acceptance of one project will exclude the acceptance of the other projects due to constraints.

IRR

Internal Rate of Return; a financial metric used to evaluate the profitability of a potential investment, calculating the discount rate at which the net present value of costs and benefits equals zero.

Cost of Capital

The necessary rate of earnings a firm must obtain from its investments to preserve its market worth and secure capital.

Initial Investment

The amount of money invested at the start of a project or business venture to get it off the ground.