the pay back method of analysis ignores which one ofthllog Initial cost of an inves which one of the following? b. Arbitrary cutoff point e. Cash flow direction d. Time value of money e. Timing of each cash inflow 26. Which one of the following principles refers to the assumption that a evaluated based on its incremental cash flows? a. Forecast assumption principle b. Base assumption principle c. Fallacy principle d. Erosion principle e. Stand-alone principle project will be 27. A cost that should be ignored when evaluating a project because that cost? cost has already been incurred and cannot be recouped is referred to as which type of a. Fixed e. Sunk c. Variable d. Opportunity hich one of the following terms refers to the best alternate option that was given up when a particular investment is selected? 28. W e.Marginal cost c. Sunk cost d. Opportunity cost a. Side effect b. Erosion 29. Which one of the following refers to a method of increasing the rate at which an asset is depreciated? a. Non-cash expense b. Straight-line depreciation c. Depreciation tax shield d. Accelerated cost recovery system e. Market based depreciation . Mark is analyzing a proposed project to determine how changes in the variable costs per unit would affect the project's net present value. What type of analysis is Mark conducting? a. Sensitivity analysis b. Erosion planning c. Scenario analysis d. Cost-benefit analysis Opportunity cost analysis