The cash budget is a key tool of management because: it is the instrument that permits financial
Fantastic news! We've Found the answer you've been seeking!
Question:
- The cash budget is a key tool of management because:
- it is the instrument that permits financial manager to plan rather than to react to emerging situations;
- it is geared towards identifying cash balances that will probably exist in future periods;
- it traces the flow of funds and identify likely sources and expected applications prior to their occurrence.
- All of the above.
Related Book For
Fundamentals of Cost Accounting
ISBN: 978-1259565403
5th edition
Authors: William Lanen, Shannon Anderson, Michael Maher
Posted Date: