A Project May Have Multiple IRRs When

question 67

Multiple Choice

A project may have multiple IRRs when

• A) the project generates an alternating series of net cash inflows and outflows
• B) the project generates an immediate cash inflow followed by cash outflow
• C) the project has a negative NPV
• D) the project is of considerably large scale

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Definitions:

Non-union Environment

A work setting where employees are not represented by a labor union, and employee relations are managed directly between the employer and employees.

Progressive Discipline

Application of corrective measures by increasing degrees

Unionized Firm

A company where a majority of the workforce belongs to a labor union that negotiates wages, benefits, and working conditions on their behalf.

Supreme Court

The highest judicial court in a country or state, having the authority to adjudicate appeals on all matters and typically having jurisdiction over constitutional issues.