____ projects are projects whose cash flows are not affected by the acceptance or non-acceptance of other projects.
A) Independent
B) Replacement
C) Expansion
D) Mutually exclusive

Question

Quizplus · Accepted Answer

Independent projects are stand-alone projects that have cash flows that are not impacted by the acceptance or non-acceptance of other projects. In other words, the acceptance or rejection of one independent project will not affect the cash flows of another independent project. Replacement projects involve choosing between two or more projects that serve the same function, expansion projects involve increasing the capacity or scope of an existing project, and mutually exclusive projects are projects where selecting one project automatically means rejecting another project.

____ Projects Are Projects Whose Cash Flows Are Not Affected