The net present value (NPV) method is preferred to the internal rate of return (IRR) method in all of the following situations, EXCEPT for:
I.mutually exclusive projects
II.projects of different scales
III.projects with multiple cash inflows and outflows
A) I is correct, II and III are incorrect.
B) I and II are correct and III are incorrect.
C) I is incorrect, II and III are correct.
D) I, II, and III are correct.
Correct Answer:
Verified
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