The last step in constructing a cash flow budget should be:

	a.	estimating how much new current debt will be needed and how much can be repaid each month prior to determining ending cash balance
	b.	estimating the amount of crop and livestock production for the year
	c.	estimating cash available
	d.	estimating family living expenses

A cash flow budget can be used to monitor the farm business by:

	a.	comparing the projected ending cash balances to the actual balances for each month
	b.	comparing actual selling prices to those assumed in the cash flow budget
	c.	comparing actual cash inflows and outflows to 10-year averages
	d.	comparing actual cash inflows and outflows to the budgeted monthly cash flows

When preparing a cash flow budget it is important to:

	a.	include only noncash revenues
	b.	estimate expected cash inflows and outflows on an annual basis only
	c.	include all noncash expenses
	d.	take into account the expected timing of cash inflows and outflows within the year