The FCF in the last, or terminal, year of a projects life often includes cash flows that are not typically included in the calculations for other years. (CSLO 5)

True

False

The idea that we can evaluate the cash flows from a project independently of the cash flows for the firm is known as _____. (CSLO 5)

A.	the stand-alone principle.
B.	the dependent principle.
C.	the independent principle.
D.	the mutually exclusive principle.

If you are deciding whether to take one project or another, where the projects have different useful lives, then you could utilize a repeated investment analysis to decide which project is better for the firm. (CSLO 5)

True

False