All of the following are ways to reduce coping with uncertainty in the cash budget EXCEPT:

Question

Quizplus · Accepted Answer

Using prior year's data for estimates of the future does not reduce coping with uncertainty in the cash budget. It is important to use updated and accurate information in estimating cash budgets, and relying solely on prior year's data can be misleading and inaccurate. Therefore, options A, B, and D are effective ways to reduce coping with uncertainty in the cash budget.

All of the Following Are Ways to Reduce Coping with Uncertainty