If the Net Present Value of an Investment Project Is

question 15

Multiple Choice

If the net present value of an investment project is positive,then the project is ________.If the net present value of an investment project is negative,then the project is ________.

• A) ignored; accepted
• B) desirable; undesirable
• C) unacceptable; acceptable
• D) rejected; accepted

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Definitions:

Financial Statement Order

The typical sequence in which financial statements are prepared and presented, usually starting with the income statement, followed by the balance sheet, and the cash flow statement.

Accounting Period

A specific duration of time marked for the preparation of financial statements in accounting, typically a year or a quarter.

Trial Balance

An accounting table that consolidates all ledger balances into equal totals in the debit and credit columns.

Journal Entry

A recording of financial transactions in the accounting records, detailing the accounts affected, amounts, and date.