Stand alone principle
Explanation:
The principle that an organization must determine whether to undertake a project on the basis of the results of similar projects with the same risk.
Take for example: independent profit, independent risk.
It is possible to measure the isolated income of every individual business unit or section, then combine them together, to calculate the total profit of the whole organization.
When measuring self-employment, values will only be included because they are generated directly from the business of the company segment.
