Question 22 1 pts (TRUE or FALSE?) As long as proposed capital budgeting projects are independent, both the NPV and IRR methods will produce the same accept/reject indication. TRUE FALSE Question 23 1 pts Which of the following statement is incorrect? The main criticisms of the payback method are that cash flows after the payback period are ignored and the time value of money is not considered. The project selection method that is most consistent with the goal of owner wealth maximization is the net present value method. If a project is independent and the IRR less than the firm's hurdle rate, NPV is less than 0. Most of the answers are correct. The main criticisms of the net present value are that cash flows after the payback period are ignored and the time value of money is not considered