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Question 1 Which of the following statements is not true? Since accounting depreciation often overstates economic depreciation in a project's early years, EVA favors quick-payback

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Question 1 Which of the following statements is not true? Since accounting depreciation often overstates economic depreciation in a project's early years, EVA favors quick-payback projects. None of the options. EVA can be used deep down in the organization and is therefore a substitute for explicit monitoring by top management. EVA is inconsistent with DCF. 4 pts

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