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    Practical Financial Management Study Set 1
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    Exam 11: Cash Flow Estimation
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    Managers Who Have an Interest in Project Approval Are Likely
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Managers Who Have an Interest in Project Approval Are Likely

Question 99

Question 99

Multiple Choice

Managers who have an interest in project approval are likely to:


A) overstate cash inflows.
B) understate cash outflows.
C) overstate terminal values.
D) All of the above

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