Question

According to the Blank______ principle, once the incremental cash flows from a project have been identified, the project can be viewed as a "minifirm."

Multiple choice question.

stand-alone


stand-and-deliver


walk-alone


stand-with

Answer 1

The correct answer is **stand-alone**. The stand-alone principle states that once the incremental cash flows from a project have been identified, the project can be viewed as a "minifirm" that can be evaluated independently from the overall business.