Topic 27 - Cash Budgeting Flashcards

1
Q

Purpose of Cash Budgeting

A
  • To predict a surplus
  • To predict a deficit
  • To set targets
  • To measure performance
  • To make comparisons between predicted and actual figures
  • To aid decision-making
  • To secure borrowing
  • To show to potential investors
How well did you know this?
1
Not at all
2
3
4
5
Perfectly