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

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Which of the following are TRUE reasons behind why cash flows are used in project analysis, instead of earnings? A. Earnings do not depend on

Which of the following are TRUE "reasons behind why cash flows are used in project analysis, instead of earnings"?

	A.	Earnings do not depend on various accounting rules (such as depreciation calculations)
	B.	Earnings depend on various accounting rules (such as depreciation calculations)
	C.	Cash flows are easy to manipulate
	D.	Cash flows are hard to manipulate

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