Register now or log in to join your professional community.
Cash budgets are prepared on a short-term basis such as on a monthly, quarterly, or even weekly basis: (a) true (b) false.
Its True!!!
Cash movement depends on the operation of the organization. In some cases cash budgets prepare on daily basis.
True
Indeed, it is True. Cash Budgets are prepared on Short term basis.
>>> True indeed >>>> agree with all
The Answer True
True
Cash Budget will determine the cash position of the company to take the further steps
True. The shorter the term more close the estimates of the budget. weekly will be more closely than monthly, monthly more close than quarterly and so on.
True. Cash-Budgets are prepared for a minimum period of 1-3 months. Quarterly Cash-flows/Budgets are ideal as the events can be forecast with a near accuracy and the Institutional Financing can be substantiated even a high probability.
Yes. it is true.I wlll be for the short term
