It is typical for a firm to prepare an operating budget but not a cash budget.

Name: It is typical for a firm to prepare an operating budget but not a cash budget.
Brand: Quizplus
Rating: 4.7 (53 reviews)

Question

Quizplus · Accepted Answer

It is not typical for a firm to prepare only an operating budget as cash flow is a crucial aspect of financial management. A cash budget is also typically prepared to ensure that a firm has sufficient cash on hand to cover expenses and investments.

It Is Typical for a Firm to Prepare an Operating