The Primary Reason That the NPV Method Is Conceptually Superior

question 2

True/False

The primary reason that the NPV method is conceptually superior to the IRR method for evaluating mutually exclusive investments is that multiple IRRs may exist.

---

Definitions:

Recess Appointment

refers to the power of the President of the United States to appoint officials to high-level government positions without Senate approval when the Senate is in recess.

Department of Health and Human Services

A federal executive department of the U.S. government focused on protecting the health of all Americans and providing essential human services, especially for those least able to help themselves.

Executive Office

A segment of the government responsible for implementing laws and policies, often directly associated with the President or chief executive.

White House Staff

Employees who work directly for the President of the United States and his or her administration, often within the White House, providing a range of support and advisory functions.