Target Exam

CUET

Subject

Entrepreneurship

Chapter

Business Arithmetic

Question:
Assertion: The frequency and period (unit of time) of preparing Cash flow projections is not fixed.
Reasoning: The frequency and period (unit of time) of preparing Cash flow projections depends on the purpose for which the projection will be used.
Options:
Both Assertion (A) and reasoning (R) are correct and R is the correct explanation of A.
Both Assertion (A) and reasoning (R) are correct and but R is not the correct explanation of A.
Assertion (A) is true but Reasoning (R) is not correct.
Assertion (A) is not true but Reasoning (R) is correct.
Correct Answer:
Both Assertion (A) and reasoning (R) are correct and R is the correct explanation of A.