A project which has an initial cash outlay, with all future cash flows positive, is said to be:
A) Independent.
B) Conventional.
C) Mutually exclusive.
D) Value-creating.
E) Short term.

Question

Quizplus · Accepted Answer

A project with an initial cash outlay followed by all positive future cash flows is described as a conventional project. This pattern is typical for many investments where the initial cost is followed by a series of positive returns.

A Project Which Has an Initial Cash Outlay, with All