A cash budget has value only if you use it and keep careful records of actual income and expenses.

Name: A cash budget has value only if you use it and keep careful records of actual income and expenses.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The purpose of a cash budget is to track and plan income and expenses. It is only valuable if it is used and accurate records are kept of actual income and expenses. Simply creating a budget without using or keeping records will not provide any benefits.

A Cash Budget Has Value Only If You Use It