A marketing survey completed last year to determine a project's feasibility would be included as part of the project's initial cash outflow.

Question

Quizplus · Accepted Answer

A marketing survey completed last year would not be considered a cash outflow for the current project as the cost of the survey has already been incurred in the past. Only expenses that are anticipated to occur in the future as a result of the project would be included in the initial cash outflow.

A Marketing Survey Completed Last Year to Determine a Project's