For the following two statements of Assertion (A) and Reasoning (R) select the correct code:
Assertion (A): Risk analysis of capital investment is the most complex and controversial area in finance.
Reasoning (R): Capital investment decisions are based on estimates of future cash inflows.
Code:
1
(A) is incorrect but (R) is correct.
2
(A) is correct but (R) is incorrect.
3
(A) and (R) both are correct and (R) is right explanation of (A).
4
(A) and (R) both are correct but (R) is not right explanation of (A).