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Analyze the importance of cash budget with examples and illustrations?
Wiki User
∙ 15y ago
A cash budget is extremely important, especially for small
businesses, because it allows a company to determine how much
credit it can extend to customers before it begins to have liquidity problems. For individuals, creating a cash budget is a good method for
determining where their cash is regularly being spent. This
awareness can be beneficial because knowing the value of certain
expenditures can yield opportunities for additional savings by cutting unnecessary costs.
For example, without setting a cash budget, spending a dollar a day on a cup of coffee seems fairly unimpressive. However, upon
setting a cash budget to account for regular annual cash
expenditures, this seemingly small daily expenditure comes out to
an annual total of $365, which may be better spent on other things.
Rosemary Amaike
Wiki User
∙ 15y agoi thought you had the answer!!!!!!!!!!!
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What was the Production Budget for Analyze This?
The Production Budget for Analyze This was $30,000,000.
What are the importance's of sales budget?
The importance of Sale Budget in a society
Which is most appropriate to create analyze and forecast budget?
Spreadsheet
What are three steps in financial decision making?
1) Prepare a budget 2) Analyze/Evaluate the budget 3) Make adjustment if needed
What was the Production Budget for The Importance of Being Earnest?
The production budget for "The Importance of Being Earnest" was not publicly disclosed. However, it was a modestly budgeted film due to its focus on dialogue and performances rather than elaborate sets or special effects.
How would you promote awareness of the importance budget control?
Human resource
What are the examples of limiting expenditures within one's budget?
ahmm.... limit it.. to budget your answer.. ``THAT'S ALL THANK YOU ``
Can you give you examples of sales budget?
i need know too!
Importance of functional budget?
You need your budget to be functional or else you might as well get rid of it. A functional budget can help you to stay on track and know where your money is.
Examples of sales budget?
A sales budget should show the estimated amount that a company could spend each quarter. The budget depends on the profit of each individual company.
What is a budget and give examples?
money plan. chart for keeping track of money.
