20. IRR is more powerful than NPV in evaluating projects

a.

True

b.

False

17. A decision tree is a visual presentation of choices, and probabilities and a way of breaking down complicated situation to easier ones

a.

True

b.

False

8. Which of the following statements is correct?

a.

NPV measures in absolute amounts of money. IRR is a percentage measure.

b.

IRR measures in absolute amounts of money. NPV is a percentage measure.

c.

NPV and IRR both measure in absolute amounts of money.

d.

NPV and IRR are both percentage measures.