Cash Flows that occur if and only if a project is accepted are:

Question

Quizplus · Accepted Answer

Incremental cash flows are cash flows that occur as a result of a specific project and are not related to any other actions or decisions. They are only relevant in the decision-making process for accepting or rejecting a project. Sunk costs are costs that have already been incurred and cannot be recovered, terminal costs are costs that occur at the end of a project, and current cash flows refer to the ongoing cash flows of a business.

Cash Flows That Occur If and Only If a Project