What are the most important considerations when determining if a business's cash flow should be included in the global cash flow?

When determining whether a business's cash flow should be included in the global cash flow analysis, documenting ownership and access to the business's cash flow, as well as the liquidity of the business, are critical considerations. The ability of the borrower to provide clear evidence of ownership and accessibility ensures that the cash flow can be reliably utilized for personal or household obligations. If a business is sufficiently liquid, it means it has the capacity to support withdrawals without jeopardizing its operations, thereby providing reassurance that the funds can be reliably counted on.

Moreover, assessing ownership relates to the borrower’s control over the business’s cash flows, which allows them to make decisions that directly affect their personal financial situation. Thus, both the documentation of ownership and the business's liquidity directly support the inclusion of its cash flow in global cash flow assessment, as they provide confidence that the borrower can access the funds when needed.

The other choices focus on factors such as control over cash flow, financial co-dependency, and the ability to manage contingent liabilities. While these are important in the broader analysis of a borrower's financial situation, the primary consideration for inclusion remains directly tied to ownership and liquidity.