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An Advantage of the NPV Method Is That

Question 21

Multiple Choice

An advantage of the NPV method is that:


A) it relies on the use of an appropriate discount factor for the circumstances.
B) optimum outcomes are achieved simply by ranking projects according to their NPVs.
C) only cash flows are taken into account, so it is not affected by changes to accounting rules and standards.
D) all of the options are advantages of the NPV method.

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