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Depreciation Method
An accounting technique used to allocate the cost of a tangible asset over its useful life.
Stand-Alone Principle
A method in capital budgeting where a project is evaluated based on its own profitability without considering the impact of other projects or financing methods.
Incremental Cash Flows
The additional cash inflows or outflows expected from taking on a new project or investment, essential for assessing its potential profitability.
Evaluation
The process of determining the significance, worth, or condition of something, typically through careful appraisal and study.
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