Which of the following is true of capital rationing?

a.	It is when the capital budget is less than the total initial costs of all possible projects (regardless of NPV).

b. It occurs when there are multiple IRRs.

c. It is when a firm doesnt have enough money to do all of the positive net present value projects it wants.

d. It is when NPV and IRR conflict.

Which of the following are given as reasons why NPV profiles cross?

a. Size and profitability differences

b. Profitability and timing differences

c. Scale and timing differences

d. Timing and organization differences