To make sure a correct capital budgeting analysis for a project, as a financial manager, Timothy will analyze __________ when evaluating the timing of the project's cash flows.

A. the amount of each expected cash flow

B. only the start-up costs that are expected to require cash resources

C. only the date of the final cash flow related to the project

D. the amount by which cash receipts are expected to exceed cash outflows

E. when each cash flow is expected to occur