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Management · Q485

Financial Management

Graduate and Post Graduate · Management · question 485

Q485

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

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

Answer: Option B

Solution

Answer: Option B
Solution:
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.