______________ may be defined as the excess of present value of project cash inflows over that of out flows.
A). Net present value technique.
B). Average rate of return.
C). Benefit-Cost ratio.
D). Internal rate of return
Answer:A
______________ may be defined as the excess of present value of project cash inflows over that of out flows.
A). Net present value technique. B). Average rate of return. C). Benefit-Cost ratio. D). Internal rate of return