Which of the following can be deducted from your taxable income even if you do not itemize?

If a project's cash flows include those triggered outside the project's incremental cash flows, it is likely that the:

A) project must have high depreciation expense. B) opportunity cost of capital must be high. C) project interacts with other aspects of the firm. D) project will have a negative NPV.

Conversion is the unlawful taking of personal property from the possession of another

Indicate whether the statement is true or false