Which of the following should not be included in a project's cash flow calculations?

		cash expenses
		cash revenues
		allocated expenses
		None of the above.

2.5 points

Question 9

The idea that we can evaluate the cash flows from a project independently of the cash flows for the firm is known as:

		the stand-alone principle.
		the dependent principle.
		the independent principle.
		None of the above.

2.5 points

Question 10

When compared to the straight-line depreciation method, MACRS has:

		a greater proportion of its depreciation early in the life of the asset.
		a lesser proportion of its depreciation early in the life of the asset.
		an equal proportion of its depreciation early in the life of the asset.
		None of the above.