Which of the following is not an advantage of cash budgeting?

Question

Quizplus · Accepted Answer

Cash budgeting primarily focuses on managing cash flows rather than safeguarding cash. Safeguarding cash involves security measures and controls to prevent theft or fraud, which is not directly addressed by cash budgeting. Cash budgeting helps in predicting cash shortages, minimizing idle funds, and facilitating future planning by providing a framework for managing cash inflows and outflows.

Which of the Following Is Not an Advantage of Cash