For feasibility purposes, a(n) _____ statement, essentially a cash budget or sources and uses statement, is used so that cash inflows and outflows are easy to identify and examine.
A) direct cash flow
B) in-process plan
C) return on investment
D) inferred cash flow
E) resource pro forma

Question

For feasibility purposes, a(n) _____ statement, essentially a cash budget or sources and uses statement, is used so that cash inflows  and outflows are easy to identify and examine.
A) direct cash flow
B) in-process plan
C) return on investment
D) inferred cash flow
E) resource pro forma

Quizplus · Accepted Answer

A direct cash flow statement is specifically designed to show cash inflows and outflows, making it easier to identify and examine them for feasibility purposes.

For Feasibility Purposes, A(n) _____ Statement, Essentially a Cash Budget or Sources