The risk-adjusted discount rate approach to evaluating projects with unequal lives converts the net present value of unequal-lived, mutually exclusive projects into an equivalent annual amount.
Indicate whether the statement is true or false
Question 2
Managerial finance ________.
A) involves tasks such as budgeting, financial forecasting, cash management, and funds procurement
B) involves the design and delivery of advice and financial products
C) recognizes funds on an accrual basis
D) devotes the majority of its attention to the collection and presentation of financial data