Projects that compete with one another, so that the acceptance of one eliminates the others from further consideration are called
A) mutually exclusive projects.
B) replacement projects.
C) independent projects.
D) none of the above.

Question

Quizplus · Accepted Answer

Mutually exclusive projects are those that compete with one another, so the acceptance of one eliminates the others from further consideration. Therefore, option A is the correct choice. Option B, replacement projects, refers to projects that are meant to replace an existing asset, and option C, independent projects, refers to projects that are unrelated and can be accepted or rejected independently of one another. Option D, none of the above, is not the correct answer as there is a specific term for projects that compete with one another.

Projects That Compete with One Another, So That the Acceptance