A cash budget is usually thought of as a means of planning for future financing needs Why would a cash budget also be important for a firm that has excess cash on hand ...

A cash budget can also be used to determine ...

A cash budget is usually thought of as a means of planning for future financing needs. Why

Question:

A is usually thought of as a means of planning for future financing needs. Why would a also be important for a firm that has excess cash on hand?
Cash Budget
A cash budget is an estimation of the cash flows for a business over a specific period of time. These cash inflows and outflows include revenues collected, expenses paid, and loans receipts and payment. Its primary purpose is to provide the...