All Benefits Expected from a Proposed Project Must Be Measured

question 139

True/False

All benefits expected from a proposed project must be measured on a cash flow basis which may be found by adding any noncash charges deducted as expense on the firm's income statement back to net income.

---

Definitions:

Deregulation

Refers to the reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry.

Carter And Reagan Administrations

The presidential terms of Jimmy Carter (1977-1981) and Ronald Reagan (1981-1989), notable for distinct economic and foreign policies.

Banking

The business activity of accepting and safeguarding money owned by other individuals and entities, and then lending out this money in order to earn a profit.

Airlines

Companies that operate aircraft for transporting passengers and cargo from one place to another.