Budgeting decisions are based on incremental cash flows

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1 (TRUE or FALSE) When the internal rate of return is less than this required rate of return, the project is rejected.

2. (TRUE or FALSE) Capital budgeting decisions are based on incremental cash flows.

3. (TRUE or FALSE) Accept the project if the IRR is greater than or equal to the required rate of return (k).

Reference no: EM131947721

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