Which of the following statements best describes the contemporary use of financial models and scoring models for project selection?
A) Both methods are often used together to ensure financial and non-financial factors are both considered.
B) Financial methods are preferred because non-financial methods are unreliable.
C) Scoring models are rarely used because they fail to consider financial factors.
D) none of these

Question

Quizplus · Accepted Answer

In contemporary use, both financial models and scoring models are often used together to ensure that factors from both financial and non-financial perspectives are considered in project selection. Using only financial models can limit the scope of analysis and exclude important non-financial factors, while relying solely on scoring models can result in overlooking important financial considerations. Therefore, a combination of both models is typically preferred.

Which of the Following Statements Best Describes the Contemporary Use