文章基本信息

标题：Estimating the Cash Flows to the Economic Entities in Romania
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作者：Răscolean Ilie ; Rakos Ileana-Sorina
期刊名称：Ovidius University Annals: Economic Sciences Series
电子版ISSN：2393-3127
出版年度：2018
卷号：18
期号：1
语种：English
出版社：Ovidius University Press
摘要：This article tries to demonstrate that the most important stage in drafting a draft budget for an investment is the estimation of cash flows. If the cash flow estimate does not have a reasonable degree of accuracy,any analytical technique,irrespective of its complexity,can lead to mistaken decisions and hence to operating losses and market price cuts. This does not mean that economic entities are not allowed to make estimation errors,but only that the estimation of cash flows must be the best possible when evaluating a project. Therefore,describing the importance of accurately estimating cash flows is rather difficult,but observing some basic principles will help minimize forecast errors. The article ends with the author’s conclusions on estimating cash flows for an investment budget.
关键词：analysis;budget;estimation;cash flow;project