An investment project is acceptable if the total cash received over the life of the project exceeds the total cash spent over the life of the project.

Name: An investment project is acceptable if the total cash received over the life of the project exceeds the total cash spent over the life of the project.
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Question

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An investment project is acceptable if it meets the required rate of return or other financial criteria, not just if cash received exceeds cash spent.

An Investment Project Is Acceptable If the Total Cash Received