If the cash budget showed a projected cash shortage, the company would most likely c. arrange to borrow the necessary cash for that period.
In the field of business, companies face situations where there is a shortage in revenue. This may happen due to a new strategy implementation or due to a new project being launched due to which cash shortage in the company.
When a company faces a situation where there is a cash shortage, the company then takes a loan or borrows some money for that time being. Usually, if the money that is to be borrowed is in a large amount, then a contract is to be made, and signatures are taken from both parties.
When a cash budget is short, the company has no option but to borrow money in order to keep the process going.
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