Cash budgets are usually prepared _____.

Question

Quizplus · Accepted Answer

Cash budgets are usually prepared on a monthly basis to provide a detailed overview of the company's expected cash inflows and outflows for the upcoming month. This allows businesses to plan and manage their cash flow effectively and make adjustments as required. While cash budgets can be prepared on a weekly or quarterly basis, monthly budgets are the most common as they strike a balance between being too detailed and too general. Yearly budgets may be useful for long-term planning but can be less accurate due to the potential for unforeseen events over a longer time period.

Cash Budgets Are Usually Prepared _____