Understanding the sources and uses of cash in the recent past will enable a manager to ________ the cash flow for a potential project of the firm.
A)determine with perfect precision
B)forecast with perfect precision
C)predict more accurately
D)know today

Question

Quizplus · Accepted Answer

While determining or forecasting cash flow with perfect precision is unlikely, analyzing past sources and uses of cash can help a manager predict future cash flows more accurately. This can allow for better planning and decision-making when considering a potential project for the firm. Option D is not a relevant choice as it does not address the question at hand.

Understanding the Sources and Uses of Cash in the Recent