Assertion: Cash Flow Projection is a static tool for business. Reasoning: Cash Flow Projection is a very critical management tool for the successful operation of the business.

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.

Assertion (A) is not true but Reasoning (R) is correct.

Cash Flow Projection is a very critical management tool for the successful operation of the business. Cash Flow Projections is not a static document. It must be used as a dynamic tool.