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Which of the following statements concerning project cash flow estimation is NOT correct? All direct effects of a project should be included, and any indirect
Which of the following statements concerning project cash flow estimation is NOT correct? All direct effects of a project should be included, and any indirect effects are ignored. Sunk costs should be ignored. Resources should be measured in terms of their opportunity costs, not their actual cash flows. Cash flows should be estimated on an after-tax basis. Each of the choices is correct
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