A major responsibility of the financial analyst is to ensure that only reasonable cash flow estimates are used in capital budgeting.

Question

Quizplus · Accepted Answer

Ensuring reasonable cash flow estimates is a key responsibility of a financial analyst in capital budgeting as it impacts the investment decision-making process. Unreasonable or inaccurate cash flow estimates could lead to poor investment decisions and potential losses for the company.

A Major Responsibility of the Financial Analyst Is to Ensure