Which of the following statements regarding the Internal Rate of Return (IRR) method is true?

A) The IRR is the discount rate that makes a project's net present value (NPV) equal to zero.
B) The IRR assumes that cash flows are reinvested at the project's cost of capital.
C) The IRR method is not affected by the timing of cash flows.
D) The IRR method is more suitable for comparing projects of different sizes.

E) IRR is ideal for analyzing capital budgeting projects to understand and compare potential rates of annual return over time.