Taxation,costing fm doubt

yes you wil b eligible, you only need to appear in the exams of all paper of the group in one attempt to get the exemption...

I think you should write down answers with limited knowledge you have.. leaving blank sheets is anot a good option

My faculty told that NPV is the best method to make investment decision...but how can we make a decision by comparing NPV when d initial investment of 2projects are different..
for eg;initial investment of plan A is $10000 & of plan B is $100000..PV of cash inflow for A & B are $100000 & $191000
Thus NPV of plan A&B are  $90000 & 91000.
Whereas PI of A&B will be 10 & 1.91..
In this case, as an investor i would opt for plan A which gives me 10times of d amount invested..
Isnt that logical to say PI is better criterion than NPV in decision making?