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Which of the following statements is incorrect? Question 1Select one: Projects are contingent if accepting one project automatically means rejecting another Projects are independent if

Which of the following statements is incorrect? Question 1Select one: Projects are contingent if accepting one project automatically means rejecting another Projects are independent if the cash flows for the projects are unrelated Capital expansion means to add physical capacity to the current operations of the company Capital replacement means to replace old equipment with new equipment

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