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Which of the statements below is FALSE? A) Despite all of the advantages of using the NPV model, it is inconsistent with the concept of

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Which of the statements below is FALSE? A) Despite all of the advantages of using the NPV model, it is inconsistent with the concept of the time-value-of-money. B) The greater the NPV of a project, the greater the "bag of money" for doing the project, and more money is better. If a company is short of capital, it would choose those projects that provide the largest "bag of money." C) By discounting all future cash flows to the present, adding up all inflows, and subtracting all outflows, we are determining the net present value of the project. The net present value decision model is an economically sound model when comparing different projects across a wide variety of products, services, and activities under capital constraint. D)

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