Question
If the net present value (NPV) of an investment proposal is positive, it would indicate that the a. PV of cash outflows exceeds the PV
If the net present value (NPV) of an investment proposal is positive, it would indicate that the
| a. | PV of cash outflows exceeds the PV of cash inflows. | |
| b. | Payback period is less than one-half the life of the project. | |
| c. | Internal rate of return (IRR) is equal to the discount percentage used in the NPV calculation. | |
| d. | PV of cash inflows exceeds the PV of cash outflows. |
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Auditors Guide To IT Auditing Software Demo
Authors: Richard E. Cascarino
2nd Edition
1118147618, 978-1118147610
