Cash flows used for analyzing capital budgeting proposals differ from those included in the accounting statement of cash flows in which of the following ways?

They measure cash flows associated with total projects, while accounting cash flows are for the firm as a whole.

They are forward looking, while accounting cash flows are historical.

They are designed to estimate total cash flows while the accounting statement of cash flows is intended to reconcile changes in the income statement.

They include financial activity$-$related cash flows while accounting statement$-$ related cash flows do not.