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A cash flow forecast is essential for anticipating liquidity needs and planning funding strategies. It projects inflows and outflows, helping the firm avoid funding gaps and maintain regulatory capital. Stress testing and ratio analysis are broader risk tools, while net income projections focus on profitability rather than liquidity. Thus, B is correct.

Customer ledgers must be retained for 6 years under SEC Rule 17a-4, with the first 2 years easily accessible. This ensures regulators can verify account history during audits or disputes. Thus, C is correct.

Rule 15c3-3 requires firms to notify the SEC and FINRA immediately and correct the deficiency with a deposit by the next business day. Failure to do so may result in disciplinary action. Thus, A is correct.

The early warning rule requires broker-dealers to notify regulators when net capital drops below 120% of the minimum requirement. This alert helps regulators intervene before a firm falls into full deficiency. This threshold is designed to prevent insolvency issues by giving firms and regulators an early chance to correct problems. Thus, B is correct.

Excessive rehypothecation of customer margin securities under Rule 15c3-3 could create a reserve requirement deficiency since the firm would owe more to customers than permitted credits. This threatens customer protection and would trigger corrective action and regulatory penalties. Thus, B is correct.