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1 6 . What are the steps involved in preparing a cash flow budget? a . Estimating revenues, forecasting expenses, and calculating net income b

16. What are the steps involved in preparing a cash flow budget?
a. Estimating revenues, forecasting expenses, and calculating net income
b. Determining cash inflows, estimating cash outflows, and calculating net cash flow
c. Setting sales targets, calculating production costs, and estimating capital expenditures
d. Reviewing past performance, predicting future trends, and setting financial goals

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