QUESTION 7 A project is accepted under the net present value method when the O a cost of the project is less than the present value of net cash flows O b.total cash flow exceeds the cost of the project O C. present value of net cash flows exceeds accounting rate-of-return O d. percentage return is greater than minimum projected return QUESTION 8 The Statement of Cash Flows provides information O a. about a company's cash receipts and cash payments for the period. O b. regarding the results of the operations of the business. O c. about a company's investing and financing activities. O d. regarding a company's financial position at the end of the accounting period