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Which of the following best describes the treatment of an incremental cash flow in capital budgeting analysis? a. Any cash flow that can be classified

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Which of the following best describes the treatment of an incremental cash flow in capital budgeting analysis? a. Any cash flow that can be classified as incremental to a particular project is relevant in a capital budgeting analysis. b. All firm cash flows project are relevant in a capital budgeting analysis. C. Any cash flow that can be classified as macro-incremental to a particular project is irrelevant in a capital budgeting analysis. d. Only cash flow that can be classified as a non-cash items to a particular project is relevant in a capital budgeting analysis

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