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i want to know about monthly cash budget? i need some questions and then their answers
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∙ 15y ago
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Difference between cash budget and fund flow statement?
1. cash flow statement is a technique of past analysis where as cash budget is a technique of future financial forecasting.2. cash flow covers a period of 1 year. in cash budget it is broken into monthly weekly segments.3.cash flow does not emphasis on a particular source and use. cash budget emphasis on financial pattern to meet seasonal and temporary cash need.
What is the primary purpose of a cash budget?
The primary purpose of a cash budget is to limit spending. A cash budget can also help people track their spending.
What information is needed in order to prepare a cash budget?
A cash budget begins with the starting cash balance to which cash inflows are added to get cash available.
Which budget is prepared last?
Cash Budget
Definition of flexible cash budget?
By definition, a flexible cash budget is a cash budget with wiggle room, in lay terms. It can be adjusted or flexed with varying circumstances as they arise.
What is a sample cash budget?
A sample cash budget will just indicate the various sources of revenue and how it is to be spent. A cash budget is influenced by previous income and expenditure ventures.
The need for an increase or decrease in short-term borrowing can be predicted by?
a cash budget.
Function of budget?
A function of a budget is to use it as a tool to control the financial resources and to track budget execution. Another function of a budget is to be planning to of cash flow for an individual or organization and what is being spent.
What is the difference between budget and cash?
Budget is forecasting future cash needs and cash is most liquid form of money at present.
What is cash budjet?
A budget where you only use cash when you make purchase. No credit cards or debit cards. This allows you to not spend more than you have. Thus, it prevents you from getting into debt. This is ideal for people who are on a budget.
What information is provided in the investing activities portion of the cash budget?
it can help protion the money on a cash budget
How might the use of credit for a large purchase affect your budget?
It will mean you'll have to allocate more of the 'free cash' in your budget to paying off the credit.
