When Mutually Exclusive Projects Are Considered, Both NPV and IRR

question 48

True/False

When mutually exclusive projects are considered, both NPV and IRR will always produce the same acceptance decision.

---

Definitions:

Creative Processes

A series of steps or methodologies used by individuals or teams to generate innovative ideas or solve problems creatively.

Trade Secret

Information or processes that give a business an advantage over competitors who do not know the information or processes.

Business Processes

Sequential steps or tasks undertaken by a company or organization to achieve specific business objectives or deliver services/products.

Substantial Performance

A contract law principle that allows for partial enforcement of a contract when most, but not all, aspects of the contract have been fulfilled.