Which of the Following Statements Is FALSE

question 33

Multiple Choice

Which of the following statements is FALSE?

• A)Contingent projects are projects for which the acceptance of one requires the acceptance of another, either beforehand or simultaneously.
• B)The chain replication approach is a way to compare projects with equal lives by finding a time horizon into which all the project lives under consideration divide equally, and then assuming each project repeats until it reaches this horizon.
• C)The equivalent annual NPV approach is a way to compare projects by finding the NPV of the individual projects, and then determining the amount of an annual annuity that is economically equivalent to the NPV generated by each project over its respective time horizon.
• D)Mutually exclusive projects require the firm to choose one project over another.

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Definitions:

Corporate Social Responsibility

A business model that helps a company be socially accountable to itself, its stakeholders, and the public.

Responsibility of Citizenship

The duties and obligations that come with being a member of a community or country, including obeying laws, paying taxes, and participating in civic life.

Business Ethics

Ethics in a business context; a consensus of what constitutes right or wrong behavior in the world of business and the application of moral principles to situations that arise in a business setting.

Corporate Policy

Guidelines or principles set by a company to direct the actions and decision-making of its employees and management.