How is a cash budget different from a set of pro forma financial statements? Why do you

Question:

How is a different from a set of pro forma financial statements? Why do you think that firms typically create cash budgets at higher frequencies than they create pro forma financial statements?
Cash Budget
A cash budget is an estimation of the cash flows for a business over a specific period of time. These cash inflows and outflows include revenues collected, expenses paid, and loans receipts and payment. Its primary purpose is to provide the...