A cash forecast is a financial projection made with the explicit purpose of predicting short-term cash needs. Most large firms do monthly cash forecasts.

Name: A cash forecast is a financial projection made with the explicit purpose of predicting short-term cash needs. Most large firms do monthly cash forecasts.
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The statement is true. A cash forecast is typically used by businesses to predict their short-term cash needs and most large firms do monthly cash forecasts.

A Cash Forecast Is a Financial Projection Made with the Explicit