Shorter-term cash budgets (such as a daily cash budget for the next month)are generally used for actual cash control while longer-term cash budgets (such as a monthly cash budgets for the next year)are generally used for planning purposes.

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Shorter-term cash budgets are used for actual cash control because they help to monitor and manage the cash flow on a day-to-day basis. Longer-term cash budgets, on the other hand, are used for planning purposes as they provide a financial roadmap for the future and help to identify potential cash flow issues.

Shorter-Term Cash Budgets (Such as a Daily Cash Budget for the Next