Since inflation will affect both revenue and expenses by the same percentage, management should ignore the effects
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‘Since inflation will affect both revenue and expenses by the same percentage, management should ignore the effects of inflation when estimating a project's cash flow.’ Comment. mlp5
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Related Book For 
Cost Accounting Concepts And Applications For Managerial Decision Making
ISBN: 9780070103108
2nd Edition
Authors: Ralph S. Polimeni, James A. Cashin, Frank J. Fabozzi, Arthur H. Adelberg
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