Question: True or false: if false why? -In the unit-of-production formula, the book value at the beginning of the period is used. -One disadvantage of the

True or false: if false why?

-In the unit-of-production formula, the book value at the beginning of the period is used.

-One disadvantage of the IRR method is the assumption that all future cash inflows are reinvested at the same rate of return as the IRR.

-Under the profitability index method, if the profitability index is greater than one (1), then the project is unacceptable.

-Proved reserves are equal to proved developed reserves after the property is fully developed.

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