QUESTION 4. This question addresses Learning Outcome 1: Prepare plans for businesses and business operations, making use of appropriate accounting data. You have recently started working as a temp in the finance department of South Downs Ltd. You have been given the cash budget for the next four months which was prepared by your predecessor. South Downs Ltd does not currently have an overdraft facility. Required: a) Write a short commentary on the cashflow identifying any problems which you think should be brought to management's attention. (3 marks) b) Make three suggestions which would improve the cash position. (3 marks) c) What is budgeting for? Include reference to at least three different budgeting techniques in your explanation and outline both advantages and disadvantages of each. Support your answer with academic research