When evaluating a potential investment, managers should use more than one measure for making a sound investment decision.

Name: When evaluating a potential investment, managers should use more than one measure for making a sound investment decision.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Using multiple measures, such as net present value, internal rate of return, and payback period, can provide a more comprehensive analysis of the potential investment and reduce the risk of making a poor investment decision.

When Evaluating a Potential Investment, Managers Should Use More Than