is a project whose cash flows are not affected by the acceptance or rejection of other projects ........

Principles of Accounting & Financial Management Capital Budgeting

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_______ is a project whose cash flows are not affected by the acceptance or rejection of other projects.

Risk-free project

Low-cost project

Independent project

None of the above

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Explanation:

Capital Budgeting projects are classified as either Independent Projects or Mutually Exclusive Projects. An Independent Project is a project whose cash flows are not affected by the accept/reject decision for other projects.However, only one, i.e., the best project can be accepted.