The cash budget and the capital budget are planned separately, and although they are both important to the firm, they are independent of each other.

Name: The cash budget and the capital budget are planned separately, and although they are both important to the firm, they are independent of each other.
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Question

Quizplus · Accepted Answer

The cash budget and the capital budget are interrelated; the capital budget affects the cash budget as capital expenditures impact cash flow.

The Cash Budget and the Capital Budget Are Planned Separately