basic rule in capital budgeting is that If a project's NPV exceeds its IRR, then the project should be accepted.

Name: basic rule in capital budgeting is that If a project's NPV exceeds its IRR, then the project should be accepted.
Brand: Quizplus
Rating: 4.8 (36 reviews)

Question

Quizplus · Accepted Answer

The basic rule in capital budgeting is that if a project's NPV (Net Present Value) is positive, the project should be accepted. The IRR (Internal Rate of Return) is compared to the cost of capital, not the NPV.

Basic Rule in Capital Budgeting Is That If a Project's