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madam [21]
3 years ago
12

What is the purpose of a cash budget?

Mathematics
1 answer:
Shtirlitz [24]3 years ago
5 0
The purpose of a cash budget is to help financial managers to get a better understanding of the timing of cash flows.
The cash budget will make it easier for the managers to monitor whether the current cash flow is enough to fund all companies' operation and to determine whether they need to make any changes in their departments.
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