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Which of the following is FALSE about IRR? Multiple Choice ( ) It ALWAYS returns...

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Which of the following is FALSE about IRR? Multiple Choice ( ) It ALWAYS returns a more reliable result than the Payback Period method, Unlike NPV, it's result is expressed as a percentage. o C It is completely unusable when non-conventional cash flows are present. o It is a better reporting tool than decision-making tool. o When looking at mutually exclusive projects, it may give a different decision indication than NPV, and should not be used to make the project decision, but you can report the IRR of the project you have chosen through the NPV method

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