Which of the Following Is False

Multiple Choice

Which of the following is false?

A) It is usually assumed that, at the end of a projects life, additional working capital will no longer be required and will become a cash inflow
B) Installation costs are not relevant for the purposes of investment appraisal
C) The scrap value of machinery to be replaced should be included in an investment appraisal
D) The amount of corporation tax to be paid should be included in an investment appraisal