The timing of the cash flows is irrelevant when we calculate the NPV of the project, is this true or false?

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
Section: Chapter Questions
Problem 6CDQ
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The timing of the cash flows is irrelevant when we calculate the NPV of the project, is this true or false?
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