92.What are the advantages and disadvantages of the net present value technique?1. Uses discounted cash flow valuationtechnique.1. Can be difficult to understandwithout an accounting and financebackground.2. Provides a direct measure of how much a capital project will increase thevalue of the firm.3. Consistent with the goal of maximizing shareholder wealth.Format: EssayLearning Objective: LO 593.Explain under what circumstances the NPV and IRR could provide different decisions.