ISA Certified Automation Professional (CAP) program
Certified Automation Professionals (CAPs) are responsible for the direction, design, and deployment of systems and equipment for manufacturing and control systems.
Which statement accurately characterizes both the NPV and IRR methods for evaluating automation system capital investments?:
A. Both provide a high degree of reliability in decision making to accept/reject a project.
B. The final computations of both yield a dollar figure for individual projects.
C. Multiple projects can be added and averaged to evaluate any combination of capital investments.
D. They both adjust cash flows over time for the time value of money.
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