Which of the following statements is true?A. A mutually exclusive project can be chosen independentlyof other projectsB. When undertaking one project prevents investing inanother project and vice versa the projects have a positivepayback.C. A conventional project has an initial cash outflowfollowed by one or more expected future cash inflows.D. Whenever projects are independent and conventional theinternal rate of return (IRR) and net present value (NPV) methodswill disagree