Cash estimates are to be done for studying the economic feasibility of the projects by project designer or developers. To estimate future cash expenditures, project persons have to take the help of the information recorded in cost accounting ledgers and supporting documents.
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Jane the Accountant
To extend the past data, to current times, the project managers may go to market and get current quotations for various items involved. They can also use indices for inflation to make internal estimates of the possible current costs.
Updated on 4 May 2019, 2 May 2016
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