[Select] projects are projects whose cash flows are not affected by one another. If the projects are [Select] , they could be evaluated on their own. On the other hand, [Select ] projects it's either one or the other project has to be funded. Only one project can be accepted and the other must be rejected. [Select] projects are projects whose cash flows are not affected by [ Select] Mutually exclusive Independent [Select ] they could be evaluated on they could be evaluated on one another. If the projects are [Select] [ Select] their own. On the other hand, independent mutually exclusive projects it's either one or the their own. On the other hand, [Select ] projects it's either one or the [Select ] other project has to be funded mutually exclusive rejected. independent ted and the other must be