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Q. Define the Cash Budget?
Cash Budget: - A cash budget is an estimation of cash receipts and cash payments for a future period of time. It is prepared to predict the cash requirements for a given period and indicates the surplus or shortage of cash during the budget period. There are two division of cash budget:
By estimating the cash receipts as well as cash payments for a future period it can be estimated that in which months there will be surplus cash and in which months there will be deficiency of cash resources.
What is rectification of errors? List and explain the stages where the errors are deducted for rectification.
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Calculate the Total Cashflows from 2007 - 2011. Suppose that the company will require to increase their annual investment in fixed assets (representing new equipment) at the simil
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