Describe the three types of project risks and detail the situation in which each type is most relevant when making a capital budgeting decision. Also include the effect of correlation.
Next, compare and contrast cash accounting methodology and accrual accounting methodology in order to illustrate how each works best for different types of companies.
Described the three types of project risks; Explained the importance of correlation among project risk measures; Compared cash and accrual accounting methodologies; Illustrated how cash and accrual methodologies work best
- Present your analysis as a 4-pages report in a Microsoft Word document formatted in APA style.
- On a separate page, cite all sources.