If the cash budget showed a cash shortage, the company most likely would

Name: If the cash budget showed a cash shortage, the company most likely would
Brand: Quizplus
Rating: 4.9 (49 reviews)

Question

Quizplus · Accepted Answer

Taking out a short-term loan is the most common solution to overcome a cash shortage since it can provide the necessary funds to cover the cash shortfall. While cutting salaries, signing up for fewer orders, or laying off employees may also cut expenses, they may negatively impact the company's long-term viability and employee morale.

If the Cash Budget Showed a Cash Shortage, the Company