Q: If you had to select one criteria for choosing amongst projects, which would you select?
or
Q: Which criterion would you use if you could only choose one to choose between projects?
- Net Present Value
- Payback
- Internal Rate of Return
- Either Payback or Internal Rate of Return
- Return on Investment
Explanation: NPV accounts for the time value of money, providing a clear indication of how much value a project will add in today’s dollars.
