Discussion
• Describe the three types of project risks and detail the situation in which each type is most relevant when making a capital budgeting decision. Be sure to include the effect of correlation.
• Compare and contrast cash accounting methodology and accrual accounting methodology in order to illustrate how each works best for different types of companies.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.