Seema Parvani runs a seasonal nursery business in British Columbia. Given the uneven nature of her cash payments and cash receipts, she probably wouldn't receive much benefit from developing a cash budget.

Question

Quizplus · Accepted Answer

A cash budget is still useful for businesses with uneven cash flows like Seema's seasonal nursery business as it helps in managing cash inflows and outflows during different seasons and plan for possible shortfalls or surpluses.

Seema Parvani Runs a Seasonal Nursery Business in British Columbia