Question

.............. may be defined as the Excess of present value of project cash inflows over that of out flows
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Answer 1

Answer:

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Answer 2

Concept Introduction:-

Net present value are the difference among the current worth of the inflows of cash and the outflows over time (NPV).

Explanation:-

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We need to find with  'a', 'an' or 'the’

Net present value technique may be defined as the Excess of present value of project cash inflows over that of out flows

It is because Net present value (NPV) is the difference between the present value of cash inflows and the present value of cash outflows over a period of time. NPV is used in capital budgeting and investment planning to analyze the profitability of a projected investment or project.

Final Answer:-

The correct answer is Net present value technique may be defined as the Excess of present value of project cash inflows over that of out flows.

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