Question 32 1 pts Which of the following statements is incorrect? O Most of the answers are correct except one. With Independent projects, accepting or rejecting one project does not eliminate other projects from consideration (assuming the firm has unlimited funds to invest). A project with conventional cash flows is one with an initial cash outflow followed by one or more cash Inflows. An independent project is one that can be selected with no effect on the viability of any other project The NPV can lead to incorrect investment decisions when it is used to choose between mutually exclusive projects