A _______ estimates cash receipts and cash expenditures over a specified period; a(n) _______ estimates a firm's expenditures for major assets, including new product development, expansion of facilities, replacement of obsolete equipment, and mergers and acquisitions.

Payment order, originator, and beneficiary are terms associated with electronic transfers

Indicate whether the statement is true or false

Under what condition would you NOT accept a project that has a positive net present value?

A) If a project has more than one sign reversal. B) If the firm is limited in the capital it has available (capital rationing). C) If the project has a profitability index less than zero. D) If two or more projects are mutually inclusive.