Which method of project selection gives consideration to the time value of money in a capital budgeting decision? A. Payback method.
B. Average rate of return.
C. Accounting rate of return.
D. Discounted cash flows method.

A capital budgeting decision is a financial commitment and an investment, As by asking a project the business is taking commitments.  

Hence the option D is correct.

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D. Discounted cash flows method.

Explanation:

The discounted cash flow method is the method in which it discounted all the cash flows to their their present value

Also it provides the consideration with respect to the times value of money while taking decision related to capital budgeting

hence, the correct option is D

And all the other options are incorrect

im thinking a but im not 100% sure

explanation: