Posted: August 13th, 2022
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Question A
Explain why firms choose to decentralize and give an example.
Question B
Explain why NPV is generally preferred over IRR when choosing among competing or mutually exclusive projects. Why would managers continue to use IRR to choose among mutually exclusive projects?
Textbook – Managerial Accounting: The Cornerstone of Business Decision Making (7th); by Mowen, Hansen & Heitger
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