_____ project working capital needs by estimating what out-of-pocket expenses will be incurred and when revenues from these sales are to be collected.

Question

Quizplus · Accepted Answer

Cash budgets are used to estimate the timing and amount of cash inflows and outflows, including estimating expenses and revenue collections. This information is important for determining the working capital needs of a project. Dividend statements, capital account statements, and expense accounts do not provide information relevant to estimating project working capital needs.

_____ Project Working Capital Needs by Estimating What Out-Of-Pocket Expenses