The MARR is the minimum acceptable rate of return used to be

The MARR is the minimum acceptable rate of return used to be compare with the IRR to determine if the alternative being evaluated is economically acceptable.

True or False

Solution

True.

Explanation: Internal rate of return generated by the project is being compared with the MARR of the project which is desired rate of return on investment. If IRR is greater than MARR, then the project is accepted and otherwise rejected.

Thus, the MARR is compared with IRR to evaluate the project.