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Which of the following is a correct statement regarding a project's cash flows? Cash flows should be measured on an incremental basis. Cash flows should

Which of the following is a correct statement regarding a project's cash flows?

Cash flows should be measured on an incremental basis.

Cash flows should ignore depreciation since it is a non-cash charge.

Cash flows should be measured on a pre-tax basis.

Indirect effects of the project like cannibalizing other product lines should not be considered.

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