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Which option is determined by control code precedence when setting up rule set groups by using the cumulative compliance algorithm?
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C. The resulting control in a Rule Set
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Which of the following is a correct description of the key features of net present value?
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C. It adjusts the relevant profits of a project to reflect the time value of money. The discount rate used reflects the risk of the project.
D. It adjusts the relevant cash flows of a project to reflect the time value of money. The discount rate used is always the company's weighted average cost of capital.
Answer: A
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