The purpose of the cash budget is to ensure that that entity has sufficient cash for future expansion.

Name: The purpose of the cash budget is to ensure that that entity has sufficient cash for future expansion.
Brand: Quizplus
Rating: 4.9 (38 reviews)

Question

Quizplus · Accepted Answer

The primary purpose of a cash budget is to ensure that an entity has enough cash to meet its immediate obligations and manage its cash flow efficiently, rather than specifically for future expansion.

The Purpose of the Cash Budget Is to Ensure That