The document appears to be a homework assignment containing 5 multiple choice questions related to capital budgeting techniques. Question 1 asks which method is generally regarded as the best single method by academics, with answer d being the NPV method. Question 2 asks about the timing of cash flows between two projects based on their NPV profiles. Question 3 asks which statement is most likely true if a firm exclusively uses a 4-year payback rule. Question 4 presents a project acceptance scenario that pits the NPV and IRR methods against each other. Question 5 asks how much value would be lost if the wrong decision criterion (IRR vs NPV) is used to choose between two mutually exclusive projects.