An alternative method of projecting a firm's future financial needs (such as bank loans )involves creation of a pro forma cash budget.Would you consider a cash budget to be more appropriate for short-term or long-term projections? Why? How do monthly cash budgets aid in the development of an annual cash budget? Is a cash budget more helpful for firms with seasonal needs or for those with constant cash flow needs?

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The Answer of An alternative method of projecting a firm's future financial needs (such as bank loans )involves creation of a pro forma cash budget.Would you consider a cash budget to be more appropriate for short-term or long-term projections? Why? How do monthly cash budgets aid in the development of an annual cash budget? Is a cash budget more helpful for firms with seasonal needs or for those with constant cash flow needs?

An Alternative Method of Projecting a Firm's Future Financial Needs