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2) Cash budgeting is important because A cash is a good predictor of profitability B if the organization runs out of cash it will be
2) Cash budgeting is important because A cash is a good predictor of profitability B if the organization runs out of cash it will be forced into bankruptcy C cash is a scarce resource D the shareholders have invested cash in the company E managers are assessed by how much cash they have
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Advanced Financial Accounting
Authors: Theodore E. Christensen, David M. Cottrell, Richard E. Baker
10th edition
78025621, 978-0078025624
