Unsophisticated capital budgeting techniques do not
A. examine the size of the initial outlay.
B. use net profits as a measure of return.
C. explicitly consider the time value of money.
D. take into account an unconventional cash flow pattern.
Answer:C
Unsophisticated capital budgeting techniques do not
A. examine the size of the initial outlay. B. use net profits as a measure of return. C. explicitly consider the time value of money. D. take into account an unconventional cash flow pattern.