Question
Which of the following defines internal rate of return (IRR)? a.IRR is the interest rate that sets the present value of a project's cash inflows
Which of the following defines internal rate of return (IRR)?
a.IRR is the interest rate that sets the present value of a project's cash inflows equal to the present value of a project's cost.
b.IRR is the total variable cost incurred in a project.
c.IRR is the difference between the present value of the cash inflows and outflows associated with a project.
d.IRR is the maximum return achievable on investments.
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Swanson On Internal Auditing Raising The Bar
Authors: IT Governance Publishing
1st Edition
1849280673, 978-1849280679
