Company a has a potential irr of 23% and company b has a potential irr of 30%. what 2 questions would you ask before you decide which one to invest in

I would ask "how much is the initial investment" and "how long is the payback period of the project" before I decide which one to invest in. The IRR of both companies have already shown the return rate of the project, therefore knowing the period and the initial amount would be the best option. This option related to our fund sufficiency and cash flow.

The answer would be false.

This is true for sure