Is earning growth rate equals cash flow growth rate?

CFA Level II Equities
#1

In Schweser practice exam level 2 _ Exam 1 (Morning session), question 19-24, I found out the answer uses earning growth rate as cash flow growth rate?

As per my understanding, this is not true since forecasting cash flow required more complicated method (such as, forecast the component of cash flows or, use historical cash flow data, etc)

Is there anything wrong with my understanding guys? :frowning:

Thanks!

#2

Not necessarily true in the short run.

In the long run, the growth rate for earnings and the growth rate for CFO should be darned close to each other.