As of 2011,which method of capital budgeting was preferred in Canada?
A)payback period
B)IRR
C)NPV
D)accounting rate of return

Question

Quizplus · Accepted Answer

NPV (Net Present Value) is considered the preferred method of capital budgeting in Canada as it takes into account the time value of money and helps in determining how much return an investment can generate in terms of present value. It has gained popularity because it is seen as a more reliable method of analyzing potential investment opportunities that could result in a profit.

As of 2011,which Method of Capital Budgeting Was Preferred in Canada