Answer:
a.forecasts of future cash revenues, expenses, and investment outlays
Step-by-step explanation:
The capital budgeting analysis is the analysis in which the company analyses the projects in terms of risk, return that would expected in near future. In this, the present value should be determined by applying the discount rate.
Now as per the given situation, the cash flows that are predicted would be depend upon the future cash revenues i.e. forecasted, its expenses and the outlays of the investment
Therefore the option a is correct
And, the same is to be considered