2.5 points Saved QUESTION 1 Which of the following is the best project evaluation decision criterion? A. Payback period. B. Internal Rate of Return OC. Net present value D. Profitability index. QUESTION 2 2.5 points Save Answer Internal rate of return and net present value will generally give us the same accept/reject indication under which of the following scenarios? A. Conventional cash flows and non mutually exclusive projects. B.Conventional cash flows and mutually exclusive projects. C. Nonconventional cash flows and non mutually exclusive projects. Nonconventional cash flows and mutually exclusive projects, 2.5 points Save Answer QUESTION 3 Which of the following is the only real benefit of the payback rule? A. It ignores the time value of money. B. It does not consider cash flows after the payback period. It uses an arbitrary cutoff period. D. It is simple. QUESTION 4 2.5 points Save Answer Net present value (NPV) is the best project decision criterion because A. It represents a direct estimate of the difference between an investment's market value and its costs. It considers the time value of money. It is consistent with shareholder wealth maximization All of the above are reasons why NPV is the best decision criterion. B