<P> Both the ANI and PBS methods are best suited to the medium - term (up to one year) and long - term (multiple years) forecasting horizons . Both are limited to the monthly or quarterly intervals of the financial plan, and need to be adjusted for the difference between accrual - accounting book cash and the often - significantly - different bank balances . </P> <Ul> <Li> The third indirect approach is the accrual reversal method (ARM), which is similar to the ANI method . But instead of using projected balance sheet accounts, large accruals are reversed and cash effects are calculated based upon statistical distributions and algorithms . This allows the forecasting period to be weekly or even daily . It also eliminates the cumulative errors inherent in the direct, R&D method when it is extended beyond the short - term horizon . But because the ARM allocates both accrual reversals and cash effects to weeks or days, it is more complicated than the ANI or PBS indirect methods . The ARM is best suited to the medium - term forecasting horizon . </Li> </Ul> <Li> The third indirect approach is the accrual reversal method (ARM), which is similar to the ANI method . But instead of using projected balance sheet accounts, large accruals are reversed and cash effects are calculated based upon statistical distributions and algorithms . This allows the forecasting period to be weekly or even daily . It also eliminates the cumulative errors inherent in the direct, R&D method when it is extended beyond the short - term horizon . But because the ARM allocates both accrual reversals and cash effects to weeks or days, it is more complicated than the ANI or PBS indirect methods . The ARM is best suited to the medium - term forecasting horizon . </Li> <Dl> <Dt> Uses </Dt> </Dl>

Which of the following items would be least useful in preparing a schedule of cash receipts