Situation in which one project is accepted while rejecting another project in comparison is classified as

present value consent
mutually exclusive
mutual project
mutual consent

The correct answer is B. mutually exclusive.

Mutually exclusive projects are projects that cannot be undertaken at the same time. This is because they compete for the same resources, such as money, time, and people. If one project is accepted, the other project must be rejected.

For example, a company may be considering two projects: a new factory and a new product line. The company does not have enough money to build both factories and develop both product lines, so it must choose one project or the other.

The other options are incorrect.

  • A. present value consent is not a valid term.
  • C. mutual project is not a valid term.
  • D. mutual consent is not a valid term.

I hope this helps! Let me know if you have any other questions.