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.
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Home » Business » 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.