Which One of the Following Statements Would Generally Be Considered

question 66

Multiple Choice

 Which one of the following statements would generally be considered as accurate given independent projects with conventional cash flows?

• A) The internal rate of return decision may contradict the net present value decision. 
• B) Business practice dictates that independent projects should have three distinct accept indicators before a project is actually implemented. 
• C) The payback decision rule could override the net present value decision rule should cash availability be limited. 
• D) The profitability index rule cannot be applied in this situation. 
• E) The projects cannot be accepted unless the average accounting return decision ruling is positive. 

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Definitions:

Modernization Theory

A theory that argues that societies progress linearly from traditional to modern states and that economic development brings about positive social and cultural changes.

European Hegemony

Describes the period or condition where European powers dominated world politics, economics, and culture, often through colonization and imperialism.

Cold War

The period of geopolitical tension between the Soviet Union and the United States and their respective allies, from the end of World War II until the dissolution of the Soviet Union in 1991.

Global Output

The total value of goods and services produced worldwide over a specific time period.