The situation in which one project is accepted while rejecting an other project in comparison is classified as __________?

Correct answer: B. mutually exclusive

  • A. present value consent
  • B. mutually exclusive
  • C. mutual project
  • D. mutual consent

Explanation

Mutually exclusive projects cannot both be selected, so accepting one requires rejecting the other. Independent projects, in contrast, may both be accepted if they meet the investment criterion.

Written and checked by , editorLast updated
Report an error

The more specific you are, the faster it gets fixed. A source beats an opinion.

Prefer email? support@testustad.com

About Business Finance

Business finance explains how organisations plan, obtain and use money while balancing risk, return and liquidity. Topics include financial statements, time value of money, budgeting, working capital, capital structure, sources of finance, investment appraisal and cost of capital. Capital budgeting evaluates long-term projects, whereas working capital manages day-to-day operations.

Practise Business Finance

975 free Business Finance MCQs from Management Sciences, each with the correct answer and an explanation. Unlimited attempts, no account needed.

Exams that ask Management Sciences questions like this

Management Sciences is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.

More Business Finance questions