Which of the Following Is Always True Regarding the NPV

Multiple Choice

Which of the following is always true regarding the NPV decision model?

A) If a project is found to be acceptable under the NPV approach, it would also be acceptable under the internal rate of return (IRR) approach.
B) The NPV and the IRR approaches will always rank two projects in the same order of preference.
C) If a project is found to be acceptable under the NPV approach, it would also be acceptable under the payback approach.
D) If a project is found to be acceptable under the NPV approach, it would also be acceptable under the book (accounting) rate of return approach.
E) If a project is rejected under the NPV approach, it would also be rejected under the payback approach.