

MCQOPTIONS
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1. |
Which of the following is true regarding the measurement of cash inflows and out flows of a project? |
A. | Depreciation amount should be added to PBT |
B. | Depreciation amount should be added to PAT |
C. | Depreciation should neither be added nor be subtracted from PAT |
D. | Both a and b above |
Answer» C. Depreciation should neither be added nor be subtracted from PAT | |