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Explain accepting or rejecting of capital budgeting projects

For a specified IOS and MCC, how do financial managers decide which proposed capital budgeting projects to accept, and which to reject?
For a specified IOS and MCC, all independent projects that plot on the IOS above the MCC are accepted. Those projects on the IOS below the MCC are deduced.

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    For a specified IOS and MCC, how do financial managers decide which proposed capital budgeting projects to accept, and which to reject? For a specified IOS and MCC, all independent projects that plot on the IOS above the MCC are accepted. Those

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