When Projecting Future Cash Flows of an Investment ________

question 53

Multiple Choice

When projecting future cash flows of an investment ________.

• A) cash flows include depreciation
• B) cash inflows and outflows are treated separately, rather than being netted together
• C) cash flows are projected by accounting personnel without considering input from other departments
• D) the initial investment is a significant cash outflow that is treated separately from all other cash flows

---

Definitions:

Flextime

A flexible work schedule allowing employees to choose their working hours within agreed limits.

Steep Gradients

Areas of land with a sharp incline or slope, often leading to faster water flow and potential erosion.

Bedrock Canyons

Bedrock canyons are deep, narrow valleys with steep sides, carved into bedrock by the erosive action of flowing water over geological time periods.

Unconfined Channels

Natural river channels that are not constrained by man-made structures and are free to change course and flood.