After the operating budget has been prepared, an entrepreneur can proceed to the next phase of the budget process, the cash flow budget.

Name: After the operating budget has been prepared, an entrepreneur can proceed to the next phase of the budget process, the cash flow budget.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

After preparing the operating budget, the next step in the budgeting process is usually to prepare the cash flow budget, which forecasts the inflow and outflow of cash for the business over a specific period of time.

After the Operating Budget Has Been Prepared, an Entrepreneur Can