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:

DSM-IV-TR

The Diagnostic and Statistical Manual of Mental Disorders, Fourth Edition, Text Revision; a manual published by the American Psychiatric Association that outlines mental disorders and their diagnostic criteria.

Axis II

A classification dimension previously used in the DSM (Diagnostic and Statistical Manual of Mental Disorders) for personality disorders and intellectual disabilities.

Personality Disorders

A group of mental health disorders characterized by enduring maladaptive patterns of behavior, cognition, and inner experience, exhibited across many contexts and deviating from cultural norms.

Mental Retardation

An outdated and insensitive term formerly used to describe a condition characterized by below-average intellectual function and a lack of skills necessary for daily living; now referred to as intellectual disability.