What are the similarities and differences between the cash budget as described in the text and the cash flow statement that we find in firms financial reports ...

Both the cash budget and cash flow statement reconcile the cash p ...

What are the similarities and differences between the cash budget as described in the text and the

Question:

What are the similarities and differences between the as described in the text and the cash flow statement that we find in firms’ financial reports?

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...