If a monthly cash budget is prepared properly there will never be a cash deficiency at the end of any month.

Name: If a monthly cash budget is prepared properly there will never be a cash deficiency at the end of any month.
Brand: Quizplus
Rating: 5.0 (38 reviews)

Question

Quizplus · Accepted Answer

While a monthly cash budget can certainly help prevent cash deficiencies, unexpected expenses or changes in income can still occur and lead to a cash shortfall. A cash budget is a useful tool for managing finances, but it cannot guarantee a cash surplus at the end of every month.

If a Monthly Cash Budget Is Prepared Properly There Will