A cash budget has value only if one uses it,reviews it regularly,and keeps careful records of income and expenses.

Question

Quizplus · Accepted Answer

A cash budget is a useful tool for managing personal or business finances, but it only has value if it is utilized properly. This includes regularly reviewing the budget to make sure it is accurate and making adjustments as needed, as well as keeping detailed records of all income and expenses. Simply creating a budget and then ignoring it will not help with financial management.

A Cash Budget Has Value Only If One Uses It,reviews