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Projects are often classified based on the type of capital expenditure. All of the following are classifications EXCEPT proje
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  1. Projects are often classified based on the type of capital expenditure. All of the following are classifications EXCEPT projects generated to meet legal requirements and health and safety standards.

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  1. The poker player’s reasoning error is analogous to a manager violating which of the following principles of cash flow estimation?

Answer: Sunk Costs should not be considered when evaluating a project.

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