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Which statement about the selection of mutually exclusive projects using the benefit - cost ratio method is true? The benefit - cost ratio selects the
Which statement about the selection of mutually exclusive projects using the benefitcost ratio method is true?
The benefitcost ratio selects the project with the lowest ratio.
The benefitcost ratio may rank projects differently from the net present value method.
"The benefitcost ratio may select a project, even though it may have a negative net present value."
The benefitcost ratio will not select a project with a ratio greater than
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