A Project That Simply Breaks Even on an Accounting Basis

question 63

True/False

A project that simply breaks even on an accounting basis gives you your money back but does not cover the opportunity cost of the capital tied up in the project.

---

Definitions:

Consciousness

A state of being aware of and able to think about one's environment and oneself.

Functionalism

A psychological theory that views mental processes and actions as forms of active adaptation to an individual's surroundings.

Humanism

A philosophical and ethical stance that emphasizes the value and agency of human beings, individually and collectively.

Consciousness

The condition of being conscious of one's own being, feelings, ideas, environment, and life events.