Which of the Following Statements Is FALSE

question 60

Multiple Choice

Which of the following statements is FALSE?

• A)It is possible that an IRR does not exist for an investment opportunity.
• B)If the payback period is less than a pre-specified length of time,you accept the project.
• C)The internal rate of return (IRR)investment rule is based upon the notion that if the return on other alternatives is greater than the return on the investment opportunity,you should undertake the investment opportunity.
• D)It is possible that there is no discount rate that will set the NPV equal to zero.

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Definitions:

Pathological Gambling

A disorder characterized by persistent and recurrent problematic gambling behavior leading to clinically significant impairment or distress.

Severity Level

A measure indicating how severe or intense a condition, situation, or symptom is.

Five Criteria

A set standard or guideline consisting of five specific points or requirements often used for assessment or evaluation purposes.

DSM-5

The fifth edition of the Diagnostic and Statistical Manual of Mental Disorders, a standardized classification and diagnostic tool used by mental health professionals.