The cash budget is especially important to a firm when, Ask an Expert

Accounting

The cash budget is especially important to a firm when:

a. there is not a lot of confidence in the sales forecast.

b. it has a relatively large amount of operating cash.

c. their liabilities are relatively small and are not expected to increase in the near future.

d. it may have to negotiate a short-term bank loan.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9412629

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