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Which of the following are TRUE reasons behind why cash flows are used in project analysis, instead of earnings? A. Cash flows are easy to
Which of the following are TRUE "reasons behind why cash flows are used in project analysis, instead of earnings"?
A. | Cash flows are easy to manipulate | |
B. | Earnings depend on various accounting rules (such as depreciation calculations) | |
C. | Earnings do not depend on various accounting rules (such as depreciation calculations) | |
D. | Cash flows are hard to manipulate |
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