sophisticated capital budgeting techniques do NOT select one

sophisticated capital budgeting techniques do NOT

select one:

a. explicitly consider the time value of money
b. take into account an unconventional cash flow pattern
c. examine the size of the initial outlay
d. use net profits as a measure of return

Solution

The correct answer is d

Explanation:- Sophisticated capital budgeting analysis uses cash inflows and cash outflows rather than net profit calculated using the accrual basis.