QUESTION 16 2 p A positive net present value indicates that a project will: generate a return in excess of the firm's cost of capital. generate more cash than is initially invested. generate more cash than alternative projects O generate a return in excess of alternative projects. QUESTION 17 Both the master budget and the flexible budget are based on: O actual costs. O ideal costs. variable costs standard costs QUESTION 18 2 poi The minimum required rate of return for a project is the: internal rate of return. O annual rate of return. O accounting rate of return. O hurdle rate. QUESTION 19 2 poir ABC Company is considering invest in a project A. When discounted at a hurdle rate of 5%, the project has a net present value of $50,000. When discounted at a hurdle rate of 10%, the project has a net present value of -$10,000. The internal rate of return of the project is: O less than 5%. O between 5% and 10% O greater than 10%. O I don't know