Which of the Following Statements Is Correct

Multiple Choice

Which of the following statements is correct?

A) Incremental net operating profits after-tax should include sunk costs associated with a project.
B) Incremental net operating profits after-tax should include the effects of financing costs associated with a project.
C) Incremental net operating profits after-tax should exclude the effects of depreciation costs associated with a project.
D) Incremental net operating profits after-tax should exclude the effects of financing costs associated with a project.