Question
A manager of a small business made the following comment when a friend suggested that his business could benefit if he were to prepare cash
A manager of a small business made the following comment when a friend suggested that his business could benefit if he were to prepare cash budget.
"Some people think they arealright but I run only a small business and I don't want to waste my time preparing budget which,after all,are just best-guessingthe future. I am more interested in what actually happens, not what I think might happen."
Do you agree with him? Why?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Horngrens Accounting
Authors: Tracie L. Miller nobles, Brenda L. Mattison, Ella Mae Matsumura
12th edition
9780134487151, 013448715X, 978-0134674681
