You are a financial manager. your assistant tells you that there will be a cash flow gap next month, meaning that cash outflows

Question

UNO [17]

3 years ago

11

You are a financial manager. your assistant tells you that there will be a cash flow gap next month, meaning that cash outflows

are expected to be ________ cash inflows.

Business

1 answer:

sashaice [31] · Answer 1 · 2022-01-30T19:38:37+03:00

The answer is greater than cash inflows. The explanation behind this is cash flow gaps happen when cash outflows are greater than cash inflows. Cash flow budgets assist financial managers determine whether the business needs to seek outside sources of funds beyond sales to manage projected cash shortages.