The cash budget is the least priority budget in the master budget.

Name: The cash budget is the least priority budget in the master budget.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The cash budget is actually a crucial component of the master budget as it outlines the expected cash inflows and outflows for a given time period, allowing the company to plan for any potential cash shortages or surpluses. Failure to properly manage cash flow can result in financial difficulties, making the cash budget an important priority for any business.

The Cash Budget Is the Least Priority Budget in the Master