Question
Capital budgeting relies on cash inflows and outflows as preferred inputs for calculations because? managers prefer to use cash figures rather than accounting figures. GAAP
Capital budgeting relies on cash inflows and outflows as preferred inputs for calculations because?
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| managers prefer to use cash figures rather than accounting figures. |
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| GAAP does not apply to capital budgeting decisions. |
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| projects require cash paid out and firms want to know when cash will be returned. |
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| cash figures are easier to calculate than accounting figures. |
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ACCOUNTING JOB QUESTIONS AND ANSWERS Trainee Accountants Handbook
Authors: Sterling Libs FCCA
1st Edition
1911037129, 978-1911037125
