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One word or one sentence How.does cash budget help the management?

Posted by Manav Sharma 3 years, 9 months ago

CBSE > Class 12 > Business Studies

1 answers

Yogita Ingle 3 years, 9 months ago

The cash budget will help you assess whether there are periods during your operations cycle when you might need short-term borrowing. It will also help you assess any long-term borrowing needs. Basically, a cash budget is a planning tool for management decisions.

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