Question: For independent projects: A. You accept either one or none B. You MUST accept two or more C. You may accept two or more D.

For independent projects:

A. You accept either one or none

B. You MUST accept two or more

C. You may accept two or more

D. You MUST accept one and only one

E. You cannot accept two or more

2. "Nonconventional" typically refers to projects that:

A. Have no investment up front

B. Have the only investment occurring up front

C. Have a later outflow in addition to the investment up front

D. Compete with other proposed projects

E. None of the above

For number one I assume it will be C since in the book it did states in that particular way. As for number 2, I assume it will be C but I do not know if I am correct

Please help if anyone is an expert in finance especially with capital budgeting concepts.

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