The Stand-Alone Principle Advocates That Project Analysis Should Be Based

question 103

Multiple Choice

The stand-alone principle advocates that project analysis should be based solely on which one of the following costs?

• A)sunk
• B)total
• C)variable
• D)incremental
• E)fixed

---

Definitions:

Untested Technique

A method or procedure that has not been proven effective through rigorous testing or application.

Tunnel Collapsed

An incident where a tunnel caves in or falls down, often resulting in blockage or the potential for injury and damage.

Business Ethics Obligations

Entail the moral responsibilities and practices companies should follow to ensure fairness, transparency, and integrity in their operations.

Triple Bottom Line

The idea that investors and others should consider not only corporate profits, but also the corporation’s impact on people and on the planet in assessing the firm. (The bottom line is people, planet, and profits.)