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What is the duty of a common carrier?
Net Initial Investment
The total upfront cost required to initiate an investment, including all relevant expenses minus any cash inflows.
Sunk Costs
Denotes expenses that have already been incurred and cannot be recovered.
Project Accepted
A term describing the status of a project that has passed evaluation stages and has been approved for implementation.
Incurred Costs
Costs that have been realized or expended in the course of business operations.
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