A cash budget is a detailed projection of cash flows that financial managers use to identify when a firm is likely to experience temporary shortages or surpluses of cash.

Name: A cash budget is a detailed projection of cash flows that financial managers use to identify when a firm is likely to experience temporary shortages or surpluses of cash.
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A cash budget is a tool used by financial managers to project cash flows and identify periods of cash shortages or surpluses.

A Cash Budget Is a Detailed Projection of Cash Flows