T or F. briefly explain, thanks

Only incremental cash flows are considered in the evaluation of a capital budgeting project. The discount rate for a project are based on the risk of the firms cash flows. The higher the fixed costs of a firm, the greater their OCF when the economy or their sales are very good, all else equal. If a new project causes the firm's accounts receivables to increase, cash flows to the firm increase as a result of undertaking the project. The higher the risk of a project, the lower the NPV, all else equal