Term Replacement decision Net present value NPV profile Post-audit analysis Internal rate of return Capital budgeting Independent project Payback period Required rate of return Modified internal rate of return Answer Description A. The acceptance or rejection decision made for this type of project does not affect the acceptance or rejection of another proposed capital project B. This analysis is conducted following the implementation of an accepted capital project and is intended to improve a firm's forecasting process and to improve the firm's operations. C. The process of analyzing projects and deciding which are acceptable investments and which actually should be purchased D. The decision rule for this capital budgeting method states a project should be considered acceptable if its calculated return is greater than or equal to the firm's cost of capital E. Also called a firm's hurdle rate, it is used as the discount rate in a firm's net present value (NPV) calculations or the basis of comparison for a project's internal rate of return (IRR) F. A graph that illustrates the relationship between a project's net present value (NPV) calculated at a range of hurdle rates. G. This capital budgeting technique calculates a discount rate that should be compared to a firm's cost of capital to determine whether a capital project should be accepted or rejected. H. This capital budgeting technique calculates the net dollar value of a capital project and its effect on the value of the firm I. The term used to describe the time necessary to recover the original cost of an investment from its expected cash inflows. J. A capital budgeting analysis that determines whether a capital asset should take the place of an existing asset to maintain or improve a firm's existing operations