![](https://cos-cdn.shuashuati.com/pipixue-wap/2020-1230-1107-56/ti_inject-812ce.png)
A firm developts an annual cash budget in order to:
A.
Avoid the opportunity costs of nonnvested excess cash and minimize the cost of interim financing
B.
Balance the noncash and cash activities of the company
C.
Ascertain which capital expenditure projects are feasible and which capital expenditure projects should be deferred
D.
Support the preparation of its csh flow statement for the annual report.