Examveda
Examveda

Situation in which one project is accepted while rejecting another project in comparison is classified as

A. present value consent

B. mutually exclusive

C. mutual project

D. mutual consent

Answer: Option B

Solution(By Examveda Team)

Situation in which one project is accepted while rejecting another project in comparison is classified as mutually exclusive. Mutually inclusive means the events cannot occur independently. For example, if I'm deciding which dress to wear to an event, that's a mutually exclusive decision.

This Question Belongs to Commerce >> Financial Management

Join The Discussion

Related Questions on Financial Management

Investment is the _______________.

A. net additions made to the nation’s capital stocks

B. person’s commitment to buy a flat or house

C. employment of funds on assets to earn returns

D. employment of funds on goods and services that are used in production process