The Three Major Cash Flow Components Include the Initial Investment

question 28

True/False

The three major cash flow components include the initial investment, non-operating cash inflows, and terminal cash flows.

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Definitions:

Amendment

A modification, change, or addition to a legal document or statute.

Cy Pres Doctrine

A legal principle that allows a court to amend the terms of a charitable trust or gift if its original purpose becomes impossible or impracticable to achieve.

Settlor

A person who creates a trust. Also called trustor.

Charitable Purposes

Activities undertaken with the aim of providing relief to the poor, advancing education, or other acts benefiting the community without profit motive.