Which of the Following Best Describes the Treatment of an Incremental

Multiple Choice

Which of the following best describes the treatment of an incremental cash flow in capital budgeting analysis?

A) Any cash flow that can be classified as incremental to a particular project is relevant in a capital budgeting analysis.
B) Any cash flow that can be classified as macro-incremental to a particular project is irrelevant in a capital budgeting analysis.
C) All firm cash flows project are relevant in a capital budgeting analysis.
D) Only cash flow that can be classified as a non-cash items to a particular project is relevant in a capital budgeting analysis.