Ask Question
21 March, 04:41

The financing section of a cash budget is needed if there is a cash deficiency or if the ending cash balance is less than Entry field with correct answer

a. management's minimum required balance.

b. the amount needed to avoid a service charge at the bank.

c. the prior years.

d. the industry average.

+5
Answers (1)
  1. 21 March, 04:48
    0
    A. Management's minimum required balance.

    Explanation:

    The minimum balance is the minimum dollar sum that a client must have in an account to get some service benefit, for example, keeping the account open or getting premium.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The financing section of a cash budget is needed if there is a cash deficiency or if the ending cash balance is less than Entry field with ...” 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