In Terms of Revenues and Costs for a Project,which of the Statements

question 44

Multiple Choice

In terms of revenues and costs for a project,which of the statements below is FALSE?

• A)Projected revenues and costs are estimates of future activity.
• B)Estimates of revenues and costs begin with operating cash flow of the project.
• C)Projected revenues and costs form the basis of the potential for a project's acceptance or rejection.
• D)Estimates of revenues and costs begin with sales forecasts and the production costs associated with the sales forecast.

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