Ask Question
BusinessBusiness
14 November, 16:06

LO 7.3Which of the financial budgets is the most important? Why?

+1
Answers (1)
  1. 14 November, 18:36
    0
    The correct answer is: Cash Budget.

    Explanation:

    A cash budget is a plan for the inflows and outflows of cash for a business or an individual. It is often considered to be the most important financial budget because it allows firms to better manage their cash positions and avoids unexpected cash shortfalls taking steps to mitigate the problem by securing a loan or aggressively pursuing unpaid accounts receivables.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “LO 7.3Which of the financial budgets is the most important? Why? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Does everyone have the same job needs? Why or why not?
Answers (1)
The assets of Uptown Stores are currently worth $346,000. These assets are expected to be worth either $320,000 or $365,000 one year from now.
Answers (1)
A whole life insurance policy in which premiums are reduced for an initial period (e. g. 3 years) and are higher thereafter is an example of a
Answers (1)
Which sentence is true about including captions in visual aids? OA. They convey the purpose of the visual. OB. They provide additional information about the visual. OC. They include a list of references about the visual. OD.
Answers (1)
what is the profit impact if walmart pays a $!0 sales commission per bike sold instead of paying sales persons flat slalaries that currently total $5000 per month (not included in the current fixed cost) ?
Answers (1)
New Questions in Business
You are at a wedding and are unexpectedly asked to give a toast to the bride and groom. What would you do?
Answers (1)
The fundamental relationship between savings and investment spending in an economy is that: A. savings will increase as investment spending decreases. B. investment spending and savings are always equal. C.
Answers (1)
The best explanation of why Gulf airlines are giving U. S. legacy carriers stiff competition is that the Gulf carriers: A. offer more special deals to business travelers than do the U. S. legacy carriers. B. have taken advantage of U. S.
Answers (1)
It costs Fortune Company $12 of variable and $5 of fixed costs to produce one bathroom scale which normally sells for $35. A foreign wholesaler offers to purchase 1,000 scales at $15 each.
Answers (2)
An American manufacturer has been asked to provide construction equipment to a foreign government. The contract is for a sizable amount, so the manufacturer wants to protect itself should the foreign government refuse to pay for the equipment once
Answers (1)
Home » Business » LO 7.3Which of the financial budgets is the most important? Why?
Sign Up Forgot Password?