Working Capital Is a Frequent Source of Errors in Estimating

Multiple Choice

Working capital is a frequent source of errors in estimating project cash flows.These errors include:
I.forgetting about working capital entirely;
II.forgetting that working capital may change during the life of the project;
III.forgetting that working capital is recovered at the end of the project;
IV.forgetting to depreciate working capital

A) I and II only
B) I,II,and III only
C) II,III,and IV only
D) I,II,and IV only