The survey of CFOs indicates that the IRR method is used for evaluating investment projects by approximately
A)12 percent of firms.
B)20 percent of firms.
C)76 percent of firms.
D)57 percent of firms.

Question

Quizplus · Accepted Answer

The Internal Rate of Return (IRR) method is a popular tool for evaluating investment projects, and a significant majority of firms use it. The correct choice, indicating that approximately 76 percent of firms use the IRR method, reflects its widespread acceptance and application in financial decision-making processes among companies.

The Survey of CFOs Indicates That the IRR Method Is