Q.1 Choose the correct answers and complete the statements.
(a) While evaluating capital investment proposals the time value of moneyis considered in case of
(i) Pay back period
(ii) IRR
(iii) NPV
(iv) ARR
(b) Depreciation is included in cost in case of
(i) ARR
(ii) Payback period
(iii) Profitability Index
(iv) NPV