Question

Pick up the correct statement from the following:

a.

The capital required to get a project started is the first cost.

b.

The first cost is a single cash flow or a series of cash flows that are made in the beginning of the activity's life span

c.

The first cost of purchasing a car is the sum of the down payment, taxes and dealers charges.

d.

All of these

Posted under Civil Engineering

Answer: (d).All of these

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