How is a cash budget different from a set of pro forma financial statements? Why do you

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How is a cash budget different from a set of pro forma financial statements? Why do you think that firms typically create cash budgets at higher frequencies than they create pro forma financial statements?
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...
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