The major disadvantage of the NPV criterion is that it: A requires detailed long-term forecasts...
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Finance
The major disadvantage of the NPV criterion is that it: A requires detailed long-term forecasts of the incremental benefits and costs. B. deals with cash flows rather than accounting profits. C. does not facilitate the goal of maximising shareholder wealth. D. is insensitive to the true timing of benefits associated with a given project
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