Question

QUESTION 23

1. A and B are similar projects. A company can choose only one project because A and B compete with each other. A and B are:

	a.	Fund-limited projects
	b.	Mutually exclusive projects
	c.	Dependent projects

Answer 1

Mutually exclusive projects are projects that compete with each other and in which the acceptance of one leads to the rejection of the other project.

Hence, the answer is option b.

In case of any query, kindly comment on the solution.