1. Discuss the purpose of the cash budget. 2. If the cash for the first quarter...

 

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1. Discuss the purpose of the cash budget. 2. If the cash for the first quarter of the fiscal year indicates excess cash at the end of each of the first two months, how might the excess cash be used? 3. Give an example of how the capital expenditures budget affects other operating budgets. 1. Discuss the purpose of the cash budget. 2. If the cash for the first quarter of the fiscal year indicates excess cash at the end of each of the first two months, how might the excess cash be used? 3. Give an example of how the capital expenditures budget affects other operating budgets.

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1 The cash budget entails cash outflow and inflow of a company during a specific period such as mont... View the full answer