A capital investment project is considered independent if its objective is equal to the objective(s) of...

A capital investment project is considered independent if its objective is equal to the objective(s) of a project with which it competes.

True

False

Expert Solution

An independent project is one which is not affected by the acceptance or rejection of a project with which it competes. The objective of the projects are totally different and is not equal.

The correct option is option B. This statement is False.

jeff jeffy answered 2 years ago

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