4 (a) What is the objective of the cash budget? (b) Discuss two techniques for dealing with...
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4
(a) What is the objective of the cash budget?
(b) Discuss two techniques for dealing with risk and uncertainty in the cash budget,
(c) What would be the likely effects on a cash budget of the following?
(i) Extending the period of credit allowed to the firm’s customers.
(ii) A decision to increase raw material and finished goods stock levels.
(iii) A sudden increase, or decrease, in sales levels.
(iv) Extending the period of credit taken from suppliers.
(v) High seasonal variations in sales.
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