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Which of the following statements regarding capital investment analysis is false? 0 Discounted cash flow (DCF) decision models are used by most large organizations 0

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Which of the following statements regarding capital investment analysis is false? 0 Discounted cash flow (DCF) decision models are used by most large organizations 0 0 Need to incorporate income tax effects in the analysis, for both revenues (and gains) as well as expenses and losses) 0 Project acceptance decisions are based partially on the extent to which these projects and expenditures support the strategy of the organization 0 0 Benefits of potential investment projects are conceptually expressed in terms of accounting income for reduction in costs rather than after-tax cash flows 0 A long-term planning horizon is assumed

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