Questions and Answers
What do sunk costs refer to?
Costs incurred before appraisal and are irrecoverable
What does depreciation measure?
The loss of value of an asset arising from the passage of time
What are direct costs in the context of project operation?
Costs directly attributable to the production
What does the cost of production include?
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What is working capital?
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What are examples of costs irrelevant for project decisions?
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What is the measure of the loss of value of an asset arising from the passage of time?
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Which costs are directly attributable to the production?
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What does pre-operative expenses include?
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What are miscellaneous fixed assets?
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What is the purpose of conducting project appraisal?
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What does financial analysis of projects involve?
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What does 'The Costs of a Project' refer to?
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What does 'Land and Site Development' costs include?
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Which component is considered the most significant in project cost?
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What is the focus of environmental analysis in financial project appraisal?
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What is the purpose of conducting project appraisal?
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What type of information is collected during financial analysis of projects?
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What does the total costs of a project include?
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Which component of a project's cost is considered the most significant?
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What is included in the costs relevant to the initial investment of a project?
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What is the benefit of conducting appraisal during project planning?
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