MATH SOLVE

4 months ago

Q:
# Generally speaking, using a ______ year's history of cash receipts and disbursements will be a satisfactory basis for projecting the future. Part of a year or full year

Accepted Solution

A:

the answer is FULL

By collecting full year's history of cash, we could determine the amount of expense that company might need to continue the operation in the future.

This projection is made on the assumption that the company won't make any major change on its way of operation in next year's period.

By collecting full year's history of cash, we could determine the amount of expense that company might need to continue the operation in the future.

This projection is made on the assumption that the company won't make any major change on its way of operation in next year's period.